A per diem can include part or all of the expenses incurred, for example it may exclude accommodation (for which reimbursement may be available on presentation of receipts) and only cover meals.Per diem is also used as an adjective and an adverb.April 2007). Per diem (Latin for per day or for each day) is a daily allowance for expensesâa specific amount of money an organization gives an individual, often an employee, per day to cover living expenses when traveling for work.
PPI usually only covers the loan or credit repayments for a limited period of time, typically twelve months. Many policies pay out in blocks of 30 days. This means that if you returned to work after 28 days, you wouldnât get a payment. There is usually a 30-day delay before you can make a claim.
1 If you bought PPI to cover a long term loan there is a chance that the insurance will run out before the loan is repaid. 2  Most PPI policies will only run for five years, so if your loan term is longer than this the seller should have explained this limitation. 3  If they didn't, you can claim. If it wasn't explained, you can claim. 2  If you were sold a 'single premium' policy-where the whole cost of the loan is paid for up front with money that is also borrowed at the same interest rate as the loan-you should at least be able to get a refund by cancelling the PPI.