In insurance, a waiting period refers to:
A. The time during which the insured is not covered by the policy.
B. The time during which the insured can cancel the policy without penalty.
C. The time during which the insured can delay paying the premium.
D. The time during which the insured must wait before certain coverage benefits apply.
Answer:D
In insurance, a waiting period refers to:
A. The time during which the insured is not covered by the policy. B. The time during which the insured can cancel the policy without penalty. C. The time during which the insured can delay paying the premium. D. The time during which the insured must wait before certain coverage benefits apply.