permanent health insurance

permanent health insurance
(PHI)
A contractual benefit offered to employees that provides them with income if they become permanently disabled and unable to work in the capacity in which they were previously employed.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Permanent employment — Permanent employees or regular employees work for a single employer and are paid directly by that employer. In addition to their wages, they often receive benefits like subsidized health care, paid vacations, holidays, sick time, or contributions …   Wikipedia

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