152k views
1 vote
Which of the following examples of elimination periods provides the lowest benefit?

User Xpanta
by
5.5k points

1 Answer

3 votes

Answer:

6 months

Step-by-step explanation:

The elimination period is the time that passes between an incident suffered by an insurance holder and the moment he/she starts to receive the benefits provided by the insurance policy.

Usually the elimination periods provided by plans that cover short term disabilities range between 14-30 days. For long term disabilities the elimination period may be longer, up to 90 days.

The longer the elimination period, the lowest benefit received by the insured, therefore a 6 month long elimination period is considered very long and not that beneficial for the policy holder.

User Amrnt
by
5.5k points