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English to Spanish translations [PRO] Bus/Financial - Business/Commerce (general) / Handbook for General Motors (Insurance)
English term or phrase:credit disability
In the event of the disability of an insured individual, prior to the expiration or the contract, the insurer will pay to the named recipient (in accordance with policy provisions) the insured individual´s monthly payment during the term of disability. Generally, benefits are payable after a 30-day waiting period.