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  • Glossary

    Health Insurance Terms Made Easy To Understand.

Waiting Period

In a medical insurance plan, the waiting period is the length of time a policyholder must wait to avail of insurance benefits as specified in the policy. The insurance provider is not obligated to accept claims during the waiting period. A basic health insurance plan usually has 30 days initial waiting period which is not applicable in case of accidents . Additionally, the waiting period for pre-existing diseases and critical illness plans can range from two to four years.