A group or individual policy which provides coverage for longer than a short term, often until the insured reaches age 65 in the case of illness and for the remainder of his lifetime in the case of accident.
Disability benefit for those participating employees on or after October 15, 1992. The disability must be total and permanent and prevent the employee from being gainfully employed in any occupation. Authorized under ETF 50, Wis. Admin. Code. This does not use the employees retirement account as it is insurance, not retirement.
Private, employer sponsored disability programs typically provided by an employer as an employee benefit.