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Topical Terminology > Waiting Period



9 Definitions

Waiting Period

For Waiting Period we have terms and definitions in 9 topics. The topics are Employee Benefits, Finance, Flood Insurance, Frauds and Scams, Health Benefits, Insurance, Investing, Long Term Care Insurance and Real Estate.



Waiting Period (Employee Benefits)

(1) The duration of time between the date the disability commences and the beginning of the benefit payment period. It is the period during which an employee must be disabled before payment of benefits begins. (2) The period between enrollment in a program and the date when an insured person becomes eligible for benefits.


Waiting Period (Finance)

Time during which the Securities and Exchange Commission (SEC) studies a firm's registration statement. During this time the firm may distribute a preliminary prospectus.


See more Finance Terms ...

Waiting Period (Flood Insurance)

The time between the date of application and the policy effective date.


Waiting Period (Frauds and Scams)

The Securities and Exchange Commission (SEC) requires a twenty day time period between a corporation's filing of its security offering registration and when its security may be legally sold to investors. If additional time is required to make corrections or append information to the registration statement and prospectus, the waiting period--also called "cooling off period"--may be prolonged.


Waiting Period (Health Benefits)

The period that must pass before an employee or dependent is eligible to enroll (becomes covered) under the terms of the group health plan. If the employee or dependent enrolls as a late enrollee or on a special enrollment date, any period before the late or special enrollment is not a waiting period. If a plan has a waiting period and a pre-existing condition exclusion, the pre-existing condition exclusion period begins when the waiting period begins. Days in a waiting period are not counted toward creditable coverage unless there is other creditable coverage during that time. You should try to maintain creditable coverage during a waiting period to reduce any pre-existing condition exclusion that may apply. Days in a waiting period are also not counted when determining a significant break in coverage.


Waiting Period (Insurance)

A period of time between the beginning of a disability and the date benefits begin. In Washington state, health insurance waiting periods are limited to 90 days.


Waiting Period (Investing)

The Securities and Exchange Commission (SEC) requires a twenty day time period between a corporation's filing of its security offering registration and when its security may be legally sold to investors. If additional time is required to make corrections or append information to the registration statement and prospectus, the waiting period--also called "cooling off period"--may be prolonged.

See Also: Prospectus


Waiting Period (Long Term Care Insurance)

In some health insurance policies, a period during which no benefits are paid immediately after the policy goes into effect. Sometimes used incorrectly as a synonym for an insurance policy’s elimination period.


Waiting Period (Real Estate)

The time between the initial filing of a registration statement and its effective date




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