The waiting period is a predetermined time period wherein an insured individual has to wait before receiving all or part of the benefits of their health insurance coverage. It is important to be aware that during this waiting time, you typically cannot make any claims against your policy. This waiting time may be applicable to all of your coverage or just a few health issues, depending on the insurer.
Waiting period in health insurance refers to the time that starts from the day of commencement of your insurance policy and during this time you can not file any health claims. Waiting period is pre-decided by the insurance policy and different health conditions are covered after different waiting periods. For example, some conditions like maternity are covered after 1 to 3 years after the starting of the policy whereas, some are covered just after 1 month. Each insurance provider has different waiting periods set by them, so, make sure to read the policy documents carefully to understand what is covered when by your policy.