Qualified Impairment Insurance
A form of substandard or special class insurance which restricts benefits for the insured person's
Qualified Retirement Plan
A retirement plan started by a business organization which meets certain federal requirements. Money
paid by employees of an organization toward such a plan is not taxable as income to the employee and is
tax deductible for the employer.
This information should not be construed as legal advice or a legal opinion on any factual situation.
This summary is for illustrative purposes and is not a contract. It is intended to provide a general
overview, at the time first posted, of the topics described. Only the insurance policy can give actual
terms, conditions and exclusions.