Migrant worker. A migrant worker is a person who either migrates within their home country or outside it to pursue work such as seasonal work. Migrant workers do usually not intend to stay permanently in the country or region they work in. Migrant workers who work outside their home country may also be called foreign workers or expatriates.
Definition of 'Exclusions' Definition: Exclusions are the cases for which the insurance company does not provide coverage. These are the conditions excluded from the insured event to avoid losses to the company. Description: Life insurance contracts have certain specified provisions and clauses which have to be fulfilled so that the claim can be considered valid.
IRC section 79 provides an exclusion for the first $50,000 of group-term life insurance coverage provided under a policy carried directly or indirectly by an employer. There are no tax consequences if the total amount of such policies does not exceed $50,000. The imputed cost of coverage in excess of $50,000 must be included in income, using the IRS Premium Table, and are subject to social security and Medicare taxes. Carried Directly or Indirectly by the Employer