What are Waiting Periods?

Waiting period means the specific number of days (time frame) started from the policy approval date whereby certain benefits are not payable . For example:

The Waiting period for…
Specified illnesses claim is 120 days
Sickness claim is 30 days
Accidental injuries is 0 day

When will the waiting period re-count?

The waiting periods will be re-count (start all over again) from the date of reinstatement of your policy. Reinstatement means to reactive a terminated policy. Outstanding premium and interests incurred have to settle before the policy can be reinstated.