Skip to main content
Insurance

Elimination period

The waiting period, also known as the elimination period, is a crucial concept in health insurance policies that provide coverage for disability income loss. It refers to the period of time that must pass before an individual can receive disability income benefits. This waiting period can range from a few days to several weeks, depending on the specific policy. It is important for individuals to understand the waiting period of their policy as it can impact their financial stability during a period of disability.

Related terms

Beneficiary

Understand the meaning and definition of Beneficiary in the context of stock market, trading, and investments.

MORE
Weather insurance

Understand the meaning and definition of Weather insurance in the context of stock market, trading, and investments.

MORE
Package policy

Understand the meaning and definition of Package policy in the context of stock market, trading, and investments.

MORE
Affirmative warranty

Understand the meaning and definition of Affirmative warranty in the context of stock market, trading, and investments.

MORE
Insured

Understand the meaning and definition of Insured in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91