Sunday, 11 May 2008
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Insurance Glossary

P

Paternity Leave
Is the period of time that a new father is allowed to be absent from his job in order to care for his child.
Physician
A physician is a doctor of medicine who is duly licensed to prescribe and administer medical treatment and medications and to perform surgery within the scope of his/her license.
Policy
A Policy is the agreement between your employer and the insuring agent. It is a legal document that gives full details about your group coverage.
Pregnancy
Pregnancy means carrying a child within the womb.
Pregnancy Leave of Absence (Maternity Leave)
Maternity leave is the period of time a woman is allowed to be absent from her job because of her pregnancy. It can either be a pregnancy leave allowed by provincial or federal law or a leave that she and her employer have agreed to. It can also mean a pregnancy leave allowed by law that the employer requires her to take.
Proof of Insurability
Proof of insurability is the additional information that the insuring agent requires regarding the client's health, job, and leisure activities to decide what coverage to provide.

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