Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
The time after buying a policy before specific conditions become claimable.
Thirty days initially, two to four years for named conditions. It runs from the day you bought, which is why buying young is the whole game.
Moving a health policy to another insurer at renewal while keeping credit for the waiting periods already served.
You port your time, not your contract. The credit runs only up to the cover you already held, and the new insurer may still decline you.
An insurance contract ending because a premium was not paid within the time the policy allows.
Not a pause. Waiting periods and the clock after which a claim stops being contestable both count unbroken cover, and both restart.