What is the Permanent Total Disability lump sum coverage under the CCGA Group Accident insurance?
Permanent Total Disability under the Group Accident policy means that the Accidental Bodily Injuries sustained in a covered Accident during an Authorized Activity solely and directly: 1. prevent the Insured Person from performing all the substantial and material duties of the Insured Person’s occupation; 2. cause a condition which is medically determined, by a Physician approved by the Company (insurer), to be of continuous and indefinite duration; 3. require the continuous care of a Physician, unless the Insured Person has reached his/her maximum point of recovery; 4. prevent the Insured Person from engaging in any gainful occupation for which the Insured Person is qualified, or could be qualified, by reason of education, training, experience, or skill during and immediately after the Elimination Period. Permanent Total Disability Benefit Amount $1,000,000 Elimination Period 104 Weeks The Company (insurer) will pay the lump sum Benefit Amount less any other Benefit Amount paid or paya
