Probationary period

Term · Insurance and risk management · MLC-T-INS-002690

A specific duration at the beginning of a new insurance policy, particularly in health or disability insurance, during which coverage for certain conditions is limited or excluded. This period, which is stated in the policy documents, prevents individuals from purchasing insurance only after they become aware of an impending need for care. The length is fixed, such as 30, 60, or 90 days, and it applies from the policy's effective date.

Table 1. Record
Identifier	MLC-T-INS-002690
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-002690",
  "term": "Probationary period",
  "field": "Insurance and risk management",
  "definition": "A specific duration at the beginning of a new insurance policy, particularly in health or disability insurance, during which coverage for certain conditions is limited or excluded. This period, which is stated in the policy documents, prevents individuals from purchasing insurance only after they become aware of an impending need for care. The length is fixed, such as 30, 60, or 90 days, and it applies from the policy's effective date.",
  "url": "https://mlchart.com/terminology/insurance/probationary-period/"
}

Record 2,738 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.