LLQP Accident & Sickness Practice Questions - LLQP Accident And Sickness Insurance Module (Life Licence Qualification Program, Canada) Exam

The elimination period in a disability income policy refers to:

The maximum length of time benefits will be paid The waiting period between the onset of disability and the first benefit payment The period during which the insurer can contest the policy The time the insured has to pay overdue premiums

Correct Answer:

The waiting period between the onset of disability and the first benefit payment

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