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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

Disability Insurance Terms

accidental death & disablement (AD&D, ADD)Acronym
  ➥  A life insurance policy that offers payouts to policyholders and their dependents in the event of an accident causing death or serious impairment.
accidental death & dismemberment (AD&D, ADD)Definition
Insurance coverage for death or dismemberment (the loss of a body part).
  ➥  A life insurance policy.
activities of daily living (ADL)Definition (Insurance)
Physical activities an average individual is capable of doing on a normal day.
activities of daily living skills (ADLS)Acronym
activities of daily living/instrumental activities of daily living (ADL/IADL)Acronym
barthel activities of daily living index (BADLI)Acronym
basic activities of daily living (BADL)Acronym
credit disability insurance (CDI)Acronym
critical illness (CI)Definition
Insurance that covers individuals in the event of a critical or catastrophic illness.
  ➥  A health insurance policy rider.
critical illness insurance (CII)Definition (Insurance)
Insurance that covers individuals in the event of a critical or catastrophic illness.
death & disability (D&D)Acronym
  ➥  A life insurance policy rider.
disability income insurance (DII)Acronym
disability insurance (DI)Definition (Insurance)
Insurance that covers individuals who develop a condition that hinders their ability to work.
disability insurance benefits (DIB)Acronym
disability living allowance (DLA)Acronym
disability premium waiver (DPW)Acronym
domestic activities of daily living (DADL)Acronym
income protection (IP)Acronym
instrumental activities of daily living (IADL)Acronym
long term disability (LTD)Acronym
long term disability insurance (LTDI)Acronym
Long Term Disability Insurance Plan (LTDIP)Canada
monthly rate of basic earnings (MRBE)Acronym
non-industrial disability insurance (NDI)Acronym
permanent disability insurance (PDI)Acronym
permanent total disability (PTD)Acronym
personal activities of daily living (PADL)Acronym
retirement and survivors disability insurance (RSDI)Acronym
schwab and england activities of daily living (S-E ADL)Acronym
  ➥  In regards to Parkinson's Disease.
short term disability (STD)Acronym
An injury or illness that prevents a person from working for only a short time.
short-term disability insurance (STDI)Acronym
social security disability insurance benefits (SSDIB)Acronym
temporary disability insurance (TDI)Acronym
two year income for disability (2YID)Acronym
unemployment compensation disability insurance (UCDI)Acronym
voluntary disability insurance (VDI)Acronym
voluntary long-term disability insurance (VLTD)Acronym
voluntary plan disability insurance (VPDI)Acronym
weekly indemnity (WI)Acronym

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