Glossary
Pre-existing Disease (PED)
A condition diagnosed or treated in the 36 months before your policy started.
IRDAI's standard definition treats a condition as pre-existing if it was diagnosed, or medical advice or treatment was recommended or received, within 36 months before the policy began. Claims for it are excluded until the PED waiting period ends.
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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