What is the meaning of a waiting period in health insurance?

When you buy health insurance, the company puts a time in which you cannot claim for certain types of diseases.

It is fixed by the insurers for pre-existing diseases, other ailments, maternity coverage, and much more.

Different Types of Waiting Periods

1. Initial Waiting Period

2. Pre-existing Diseases

3. For specific ailments or procedures

4. For critical illness

5. Maternity Benefit

6. For senior citizens

To understand the waiting period in insurance in-depth

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