Data:2009-12-12 2:34
Category: Insurance tips Release Date: 2006-08-01
Insurance company staff: "I'm sorry, this insurance you will not receive, because you are insured 95 days after the hospital stay. And this contract shall only take effect after 180 days."
Waiting period, also known as the observation period into a trial period of insurance. Generally refers to the entry into force from the insurance contract after the start of a certain period, such as 90 days, 180 days, the insured person due to illness caused by medical expenses, the insurer is not liable. After the waiting period, the insurance personnel responsibility. But the waiting period due to an accident caused by medical expenses are still the responsibility of the insurer within the insurer should bear the responsibility for payment of insurance premiums. At present, most health insurance policies provide that a waiting period.
The implementation of the waiting period means that while the effect of insurance contract has generated, but the insured person is not immediately available insurance coverage. This is not the right of the insured person is not fair? In actual fact, if there is no waiting period requirements. Malice in their hearts will be the individual who got a disease known to their circumstances need to be hospitalized as soon as the insured in order to receive compensation. Insurance companies to reduce their own negative behavior that occurred, it has taken such a system.
The length of the waiting period is based on the incubation period of disease and other factors to consider developing, there are some scientific basis. Of course, if the insured person insured pre-existence of the disease, after a waiting period before hospitalization, indicating the disease is very serious, under normal circumstances the insurer will still unsatisfied.
