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Glossary > E > "Elimination period" Definition

Elimination period

In the US, the period between the time a policyholder makes an insurance claim and the time it is paid, also known as waiting period. Known as deferment period in the UK.

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Elimination period - In the US, the period between the time a policyholder makes an insurance claim and the time it is paid, also known as waiting period. Known as deferment period in the UK.

Elimination period : in the us, the period between the time a policyholder makes an insurance claim and the time it is paid, also known as waiting period. known as deferment period in the uk.