Which of the following refers to the amount of time between the disability occurring and the insurance company paying the claim?

Name: Which of the following refers to the amount of time between the disability occurring and the insurance company paying the claim?
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Question

Quizplus · Accepted Answer

The elimination period in an insurance policy is the duration between the onset of a disability and when the insurance company starts paying out the claim. This period acts as a deductible in time rather than in amount.

Which of the Following Refers to the Amount of Time