Waiting periods are defined time-frames during which you have limited or no access to benefit and can be divided into 3 categories
- General Waiting Period
- Condition-Specific Waiting Period
- Policy Specific Waiting Period
1. General Waiting Period:
During a general waiting period an insured is not entitled to any benefits for a period of 3 months.
General Waiting periods are applied where a new policy is incepted or insured person added and effects all benefits.
When you upgrade the option on your policy there will also be a 3 month General Waiting Period on any new benefits or the increased benefits.
2. Condition-Specific Waiting Period:
A Condition Specific waiting period is a 10 month period during which no benefits will be provided in respect of any pre-existing medical condition.
Pre-existing medical condition is any condition you have been diagnosed with or received medical advice, care or treatment for in the last 12 months.
Condition-Specific waiting periods do not effect any of your other benefits.
3. Policy Specific Waiting Period:
Policy Specific waiting periods apply to all policies or insured persons where a General Waiting period is applicable.
The following list of conditions are subject to a 10 month waiting period with 50% of benefit accessible from month 7 to 10.
- Myringotomy and Grommets
- Hysterectomy where not malignant
- Spinal, back, neck and joint related procedures where not due to an accident