Healthcare & Insurance

Elimination Period

The waiting period before disability insurance benefits start—think of it as a time-based deductible.

Also known as: waiting period, deductible period

What You Need to Know

The elimination period (also called the waiting period) is the number of days you must remain disabled before your policy begins paying benefits.

Common Options:

Match the elimination period to your emergency fund. If you keep three months of expenses in cash, a 90-day waiting period usually lines up well.

This information is sourced from authoritative government and academic institutions:

longtermcare.acl.gov
https://longtermcare.acl.gov/costs-how-to-pay/understanding-insurance.html

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