Private Health Insurance Act 2007
CHAPTER 3
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COMPLYING HEALTH INSURANCE PRODUCTS
PART 3-3
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REQUIREMENTS FOR COMPLYING HEALTH INSURANCE PRODUCTS
Division 75
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Waiting period requirements
SECTION 75-5
75-5
MEANING OF WAITING PERIOD
The waiting period that applies to a person for a benefit under an insurance policy is the period: (a) starting at the time the person becomes insured under the policy; and (b) ending at the time specified in the policy;
The waiting period that applies to a person for a benefit under an insurance policy is the period: (a) starting at the time the person becomes insured under the policy; and (b) ending at the time specified in the policy;
during which the person is not entitled to the benefit.
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