Define: Any occupation Policy

Any occupation Policy
Any occupation Policy
What is the dictionary definition of Any occupation Policy?
Dictionary Definition of Any occupation Policy

Any occupation policy is a type of disability insurance policy that provides coverage if the insured individual becomes disabled and is unable to perform any occupation for which they are reasonably suited based on their education, training, and experience. This policy typically has a more stringent definition of disability compared to other types of policies, as it requires the insured to be unable to work in any occupation rather than just their own occupation. The purpose of an any occupation policy is to provide financial protection to individuals who are unable to work in any capacity due to a disability.

Full Definition Of Any occupation Policy

An “Any Occupation Policy” is a type of insurance policy that provides coverage for disability benefits if the insured individual is unable to work in any occupation for which they are reasonably suited based on their education, training, and experience. This policy typically requires the insured to be unable to perform the essential duties of any occupation, rather than just their own occupation. The insured must demonstrate that they are unable to engage in any occupation that would provide them with a similar income or lifestyle. Any Occupation Policies are often more restrictive and harder to qualify for compared to “Own Occupation Policies,” which provide coverage if the insured is unable to perform the duties of their own specific occupation.

Related Phrases
No related content found.
Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

  • Page URL:https://dlssolicitors.com/define/any-occupation-policy/
  • Modern Language Association (MLA):Any occupation Policy. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/any-occupation-policy/.
  • Chicago Manual of Style (CMS):Any occupation Policy. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/any-occupation-policy/ (accessed: May 09 2024).
  • American Psychological Association (APA):Any occupation Policy. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/any-occupation-policy/
Avatar of DLS Solicitors
DLS Solicitors : Divorce Solicitors

Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.

All author posts