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Definition of 'Any-Occupation Policy'
A term used in the insurance industry to refer to a specific definition of disability when writing disability insurance policies. If you get into an accident that restricts you from working, you would be considered disabled, but disability insurance policies have specific definitions in order to qualify for the benefits. The "any occupation" definition is the stricter definition of disability, where you are unable to work in a job that is reasonably suitable for you based on such things as education, experience and age.
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Investopedia explains 'Any-Occupation Policy'
The other common definition of disability is the "own occupation" classification. This definition considers you disabled if you are unable to perform the same job that you worked prior to the accident. For example, if you were a surgeon and you injured your hands, you would be considered disabled under the "own occupation" definition.
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Search results for 'Any-Occupation Policy'
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http://www.investopedia.com/articles/pf/07/disability_insurance.asp
... However, if she had an "any-occupation disability policy" or "modified own-occupation
disability policy" she would not receive any of her disability benefits ...
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http://www.investopedia.com/university/insurance/insurance5.asp
... within one's own occupation for a specific time period or with any occupation after
the ... A policy with this definition pays the insured in the event of loss of ...
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http://www.investopedia.com/articles/pf/06/disabilityinsurance.asp
... known as "own occupation." Otherwise, if you choose "any occupation," you'll need
to be unable to perform any type of work in order for the policy to pay any ...
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