Home » Resources » Explanation of Terms

Explanation of Terms

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are currently 4 terms in this directory beginning with the letter R.
Recurrent Disability Provision
If a disabled plan member tries to return to work, but within a specified period of time becomes totally disabled again due to the same or related causes, disability benefits will continue without the need to satisfy another elimination period.

Rehabilitation Program
A program provided for a plan member receiving long-term disability benefits. The purpose is to assist the plan member return to work, and may include coverage for the cost of assessment, vocational retraining or an education program.

An insurer’s annual review of a group policy to determine whether or not premium levels are appropriate.

Retention Accounting Plan
This type of plan allows an employer to share in the financial results of a group plan at the end of the policy year.

Scroll to Top