单词 | deferred period |
释义 | deferred period in Insurance (dɪfɜrd pɪəriəd) or waiting period or excess period Word forms: (regular plural) deferred periods noun (Insurance: Medical insurance) The deferred period is the period of time from when a person has become unable to work until the time that the benefit begins to be paid. He selected a deferred period of six months because he knew he would receive sick pay from his company for thatperiod and wouldn't need the insurance benefits. Benefits are payable when the policyholder becomes incapacitated and after the deferred period has passed. The deferred period is the period of time from when a person has become unable to work until the timethat the benefit begins to be paid. |
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