1. In workers’ compensation cases, permanent disability with a rating of less than 100% permanent disability. 2. Disability that interferes with the injured worker’s capability to compete in the open labor market in less than a total manner.
Tag: RAW
Permanent Partial Disability Benefits
Periodic indemnities for a disability which impairs earning capacity but which does not involve total inability to work.
Permanent partial disablement
Disability benefit payable when an injury leaves the insured working on a reduced basis as opposed to not working at all. The impairment is ongoing. The benefits are a proportion of the permanent total disablement benefit.
Permanent Partial for Disablement
Partial reduction in ability to do things and work that one could when in full health. The degree of disability will vary with the severity of the injury or illness. A provision generally found in accident and occasionally in sickness policies designed to offer some indemnity benefit if the insured cannot perform fully all the important daily duties of his occupation. This is a situation where as a consequence of the accident part of a body such as a finger, arm or leg) is permanently severed from the body. Although a part of body is permanently lost, yet the person will be in a position to attend to his duties partially if not to the same extent as before once the wound is healed completely and the person otherwise fit enough to attend.
Permanent selection
The exclusion from a group of lives of persons of a certain type with the result that the mortality rate of the group will differ compared to the population norm. Example: persons suffering from chronic diseases may be excluded from a group of lives acceptable for life insurance at ordinary rates of premium with the result that the insured group will have a lighter mortality rate.
Permanent total disability
1. Condition that prevents an insured from working because of injury or illness and presumably will last for a lifetime. 2. In workers’ compensation cases, permanent disability with a rating of 100% permanent disability only.
Permanent total disability (Health Insurance)
A disability that makes it impossible for the insured to work for the rest of his or her life.
Permanent Total Disability Benefits
Periodic indemnities generally weekly, for a disability of a kind that renders any employment Impossible. Such compensation may be limited by maximum time or maximum amount, but if unlimited may run for life.
Permanent total disablement (PTD)
Condition, other than one relating to loss of sight or limb, that attracts a lump sum benefit payable when the insured is unable to follow any occupation or gainful employment. Some policies allow the PTD benefit if the insured’s disablement prevents him from following his normal occupation not any occupation (e.g. injured ex-footballer becomes journalist).
Permanent Total for Disablement
As a result of the accident the person is permanently and totally disabled. This means that the person is practically reduced to mere mass of flesh. In case of loss of sight the same must be total and irrecoverable hence blind for all practical purposes does not satisfy the definition, but claims are admissible if vision has become so impaired that it is impossible to recognize objects, although the difference between darkness and light can be distinguished. As regards loss of limbs loss of hand and/or foot physical separation at or above the wrist or ankle satisfies the policy requirements. It is not only an amputation or loss of limb, even loss of use of limb consequent upon an accident is as good as actual loss of limb. The provision is applicable when the insured is permanently unable to engage in or attend to his usual business or attend to any business of any kind.