A law allowing employees to take up to 12 weeks annually of job-protected unpaid leave. Such leaves are permitted in the event of a serious illness of the employee or family member, or the birth or placement (through adoption or foster care) of a child. The law applies to employers having 50 or more employees and to employees who have worked for the employer for a minimum of 1,250 hours during the prior year. Charges of discrimination against those taking leave under the Act (or by those prevented from taking leave under the Act) can be filed with the Department of Labor, which investigates and enforces claims. In addition, an employee can sue his or her employer individually. Such claims are covered by employment practices liability (EPL) policies.
Insurance Encyclopedia
Family and Medical Leave Act of 1993 (FMLA)
Federal law requires that covered employers must grant an eligible employee up to a total of 12 workweeks of unpaid leave during any 12-month period for one or more of the following reasons:• For the birth and care of the newborn child of the employee• For placement with the employee of a son or daughter for adoption or foster care• To care for an immediate family member (spouse, child, or parent) with a serious health condition• To take medical leave when the employee is unable to work because of a serious health condition
Family automobile policy (Vehicle Insurance)
A package policy with coverage in case of injury or property damage to another person, the policyholder’s injury, and vehicle damage. This type of coverage is mostly nonexistent now, as it has been widely replaced by personal automobile insurance policies.
Family benefit
Rider or provision in a life insurance policy that provides term insurance coverage on the insured’s dependents (e.g., spouse, children).
Family deductible
1. Specific dollar amount that must be paid either monthly, quarterly, or annually by an individual, covered family member or a specified amount of time that must elapse before a medical insurance plan or government program begins covering health care costs. For the majority of plans, this amount must be incurred each calendar or fiscal year before insurance benefits will be reimbursed. 2. One deductible that when fulfilled relieves a family of satisfying a deductible for each individual family member.
Family Dependent
A person entitled to coverage because he or she is (i) the enrollee’s spouse, or (ii) a single dependent child of either the enrollee or enrollee’s spouse (including stepchildren or legally adopted children), (iv) dependent parents or dependents parents-in law including step father/mother/in-laws (v) Widowed daughter/Divorcee Daughter and her dependent child (vi) A resident of the enrollee’s home subject to approval by insurer.
Family dependent (Health Insurance)
An individual who is covered due to being the insured’s spouse or single dependent child who resides with the policyholder.
Family expense policy
A policy which insures both the policyholder and his immediate dependents (usually spouse and children).
*****
An accident and sickness Policy or an accident only Policy covering all the members of one family.
Family expense policy (Health Insurance)
An insurance policy that covers all family members’ medical costs.
Family Floater Cover for Health Insurance
The sum insured chosen is floated on one or the entire family: Means Person(s) named on the schedule of the policy which includes family comprising of the proposer, his/her legally wedded spouse, dependent unemployed children between 3 (three months) to the age of 25 years, unmarried daughters including divorcee, and widowed daughters and dependent Parents or parents-in-law (either of them only). The minimum number of persons to be covered under the policy shall be the proposer plus one family member. Generally *Family floater policy* is cheaper than buying individual policies for family members.