Final answer:
True, benefits will begin reimbursement after the elimination period is met. This is a waiting period required by many insurance policies before the insurer starts to pay out benefits.
Step-by-step explanation:
The answer to the statement 'True/False: The elimination period must be met before the benefits will begin reimbursement' is true. The elimination period, often called a waiting or qualifying period, is a predefined amount of time that must pass before insurance benefits can be paid out. It's commonly found in disability, long-term care, and health insurance policies.
During this period, the policyholder must wait and typically cover their expenses out-of-pocket. Once the elimination period is satisfied, the insurer will start reimbursing the policyholder for covered expenses or may provide benefit payments.