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.
The waiting period is, as its name indicates, the length of time you must wait in order to avail coverage against your claims. Additionally, it refers to the length of time you must wait from the beginning of your policy before you may start using its benefits in the context of health insurance.