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Today's Terms
Social Security and Social Security Disability Insurance (SSDI)
Definition:
Monthly cash benefit administered by the federal Social Security Administration (SSA) to retired or disabled workers and their qualified dependents. Beneficiaries must be 62 years of age or older, or disabled, and have enough work "credits" to be qualified.
Disability
Definition:
A general term used for the problems a person with a health condition (such as cerebral palsy or deafness) has because of barriers in his or her environment.
Own Occupation (Own Occ)
Definition:
Under this definition, an insured will be considered disabled only if he or she is unable to perform the duties of his or her occupation.
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