What does the 'elimination period' in a disability insurance policy refer to?

Question: What does the 'elimination period' in a disability insurance policy refer to?

Answer options:

• The time after the policy is issued during which claims are not permitted.
• The duration for which disability benefits are payable. ✅ The period an insured must wait after becoming disabled before benefits begin.
• The time allowed to convert a group policy to an individual one.

Correct answer: The period an insured must wait after becoming disabled before benefits begin.

Explanation: The elimination period, or waiting period, is the number of days the insured must be disabled before benefit payments will commence.