What does Proportionate Benefit mean? Read on to discover the definition & meaning of the term Proportionate Benefit - to help you better understand the language used in insurance policies.
A proportionate benefit is a type of disability income protection that provides financial compensation if the insured acquires a disability that reduces, but does not eliminate, their capability to work. The compensation is proportional to the disability and the corresponding reduction in capacity to work.
We hope the you have a better understanding of the meaning of Proportionate Benefit.