qualification period

Initial period on an insurance policy during which an insurance company will not reimburse a policyholder for a claim.

A common element of many health insurance plans, the qualification period allows the insurance company time to ensure the authenticity of an application for coverage. In addition to uncovering fraud, the qualification period is also meant to discourage attempts in the first place. The length of the qualification period is stated in the contract, and may last several weeks or several months.

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