Benefits
Term · Insurance and risk management · MLC-T-INS-003597
The payments or services provided by an insurer or employer to an insured individual or employee under the terms of an insurance policy or employee benefit plan. These can include financial compensation for losses, medical services, or retirement income. The scope and amount of these provisions are detailed in the policy contract or plan summary.
| Identifier | MLC-T-INS-003597 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003597",
"term": "Benefits",
"field": "Insurance and risk management",
"definition": "The payments or services provided by an insurer or employer to an insured individual or employee under the terms of an insurance policy or employee benefit plan. These can include financial compensation for losses, medical services, or retirement income. The scope and amount of these provisions are detailed in the policy contract or plan summary.",
"url": "https://mlchart.com/terminology/insurance/benefits/"
}
Record 305 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.