English version

deferment period

From Longman Business Dictionary
Related topics: Insurance
deferment perioddeˈferment ˌperiod INSURANCE in health insurance taken out in Britain, a period of time that the insured person agrees to let pass when they are ill before they claim money from the insurance companyVarying between four and 104 weeks, the longer the deferment period, the cheaper private health insurance becomes. period
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