And ordinary "white collar job" accident policy costs $25 a year for $5,000 to $7,500 single benefits and $25 weekly indemnity with all the trimmings and double benefits, or only seven cents a day--less than the price of a cigar.
What does WI stand for?
WI stands for Weekly Indemnity (refers to short term disability insurance)
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of WI
We have 21 other meanings of WI in our Acronym Attic
- Water Injection (oil industry)
- Water Intrusion
- Waterloo Industries
- Wave Injector
- Waveform Interpolation
- Weak Infeed
- Weapon Initiator
- Weapons Inspector
- Web Intelligence
- Web Interface (computer science)
Samples in periodicals archive:
Weekly indemnity payments are made to the insured for up to $3.
In the absence of moral hazard effects, an increase in the expected indemnity payment will still increase expected costs in a naive acturial sense: when the expected weekly indemnity payment increases by 10 percent this increases expected costs by roughly 10 percent as long as the higher benefits do not induce any change in the real or reported behavior of the workers.