Question

Disability income policies usually have _________ that is a time delay from the date of the issuance of the policy until benefit privileges are activated.

waiting periods
probationary periods
elimination periods
internal limit periods

Answer 1

The answer is probationary periods

It usually used to new employee. Usually, a company will give a 3-6 months trial for new employees to see whther they can fulfill the company;s standard or not. If not, company will them go If they can, they will revoke the status into normal employment