27. Key terms
post-disability working hours
The number of hours per week that the life assured is able to work while disabled, as determined by Sovereign on the basis of medical certification or demonstrated ability. The average number of hours per week that the life assured worked in the three months immediately prior to becoming totally disabled . However, if the life assured becomes totally disabled when the life assured has been on parental leave for 12 months or less or on a work sabbatical , then the pre-disability working hours is the average number of hours per week that the life assured worked in the three months immediately before the life assured went on leave.
Working an average of more than 30 hours per week in the six months prior to cancellation of Business Overheads, Business Continuity, Rural Continuity or Locum Cover.
actively involved
pre-disability working hours
Undertaking any activity carried on for the production of income from selling goods or performing services.
actively trading
The term for which the life assured is insured for the Mortgage and Income Protection Benefit as stated in the schedule . The maximum term for which the Mortgage and Income Protection Benefit is payable as stated in the schedule . For benefit payment periods of two or five years: (a) the benefit payment period commences at the end of the waiting period and ceases either two years or five years (whichever is stated in the schedule ) later or when the life assured turns 65, whichever is earlier; and (b) the two year or five year period (whichever is stated in the schedule ) is the total period for which benefits will be payable for all claims arising from the same or a related illness or injury.
benefit term
benefit payment period
totally disabled / total disablement
See Section 3 of this appendix for the meanings of these key terms.
Unemployed
A person who is not engaged in remunerated work or business activities, for 10 hours or more a week. This definition does not include a person on leave without pay, parental, study, long service or sabbatical leave. The period stated as such in the schedule for which no Total Disability Income Benefit or Partial Disability Income Benefit is payable.
waiting period
The date the life assured became totally disabled .
disablement date
work sabbatical
Voluntary leave without pay, approved by the employer, and where the life assured has the
full-time care
Care for 16 hours per day or more, provided by a nursing service approved by Sovereign whose profession it is to provide nursing services or provided by a registered medical practitioner .
employer’s agreement to return to the same role within 12 months or less.
The 'Policy Owner' named in the schedule .
you/your
mental health disorder
A mental health disorder including but not limited to anxiety disorders,
chronic fatigue syndrome, depression, stress, fatigue,
exhaustion, psychiatric complications of physical disorders, behavioural or any other mental or functional nervous disorder and/or the treatment or complications of that disorder.
820 TCP-MIP version 8 Effective 12 May 2026
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