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Major Medical Insurance
built 660 days ago
The time during which benefits are paid, known as the benefit periods, are generally dependent upon the deductible and any internal limits that may be included in the major medical policy. For instance, when a deductible amount has to be paid, the policy's benefit period could begin either on the first day of the illness (or accident) or on the date that the insured satisfies the full deductible (if this is later than the date of the occurrence), and may extend for up to two years. In other cases, the benefit period ceases at the end of the calendar year and begins anew with a new deductible.
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