Extended benefits
Term · Insurance and risk management · MLC-T-INS-003647
Additional payments or services provided beyond the standard duration or scope of an insurance policy or government program. In unemployment insurance, these benefits are available during periods of high unemployment when regular benefits have been exhausted. They are often triggered by specific economic indicators or legislative acts.
| Identifier | MLC-T-INS-003647 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003647",
"term": "Extended benefits",
"field": "Insurance and risk management",
"definition": "Additional payments or services provided beyond the standard duration or scope of an insurance policy or government program. In unemployment insurance, these benefits are available during periods of high unemployment when regular benefits have been exhausted. They are often triggered by specific economic indicators or legislative acts.",
"url": "https://mlchart.com/terminology/insurance/extended-benefits/"
}
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