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Home Improvement Directory |
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Insurance Glossary
Plain English explanations of insurance terms used by agents, companies and lawyers and found in your insurance policies.
Select a Letter to View Terms - W - Waiting period has two meanings: (1) the time period you must wait before you can get health insurance from a new employer; and (2) the time that must pass after becoming insured before the policy will begin to pay benefits for a pre-existing condition or specified illness. Waiver an amendment to a policy that excludes coverage for certain medical conditions. |
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