Glossary
PED Waiting Period
How long a policy waits before covering pre-existing diseases.
The pre-existing disease waiting period is commonly 36 months, and shorter in some plans: 24 months in Niva Bupa Senior First, 12 months in Star Red Carpet and Star Young Star. Some plans sell an add-on to reduce it.
Related guides
More glossary terms
DeductibleCo-payment (Co-pay)IDV (Insured Declared Value)No Claim Bonus (NCB)Claim Settlement Ratio (CSR)Incurred Claim Ratio (ICR)
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