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Glossary   >   D   >   "Deferred Period" Definition            Deferred Period In relation to Permanent Health Insurance (PHI) / Income Protection, refers to the period between the commencement of illness, and the date at which eligibility for payment of benefit under the insurance policy would commence. In relation to a Deferred Annuity, refers to the period between payment of the premium and commencement of the annuity payments. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Deferred Period -

1. In relation to Permanent Health Insurance (PHI) / Income Protection, refers to the period between the commencement of illness, and the date at which eligibility for payment of benefit under the insurance policy would commence.
2. In relation to a Deferred Annuity, refers to the period between payment of the premium and commencement of the annuity payments.