Period from the onset of a tariff in which the policyholder is not eligible for benefits.
In other words, the policyholder is not entitled to benefits until this period has passed. Different benefits might have different probationary periods.
The probationary period refers to the period following onset of a new tariff. In contrast, the waiting period refers to the period following onset of a claim.
In Germany, for example, a differentiation is made in private health insurance between the following probationary periods:
General probationary periodThis is three months
Special probationary periodThis is eight months
The special probationary period applies with the following benefits:
Parturition (childbirth) Dental restoration Orthodontics Psychotherapy Dental treatmentExample with special probationary period
The insured's tariff for dental restoration begins on October 1, 2004. The insured has to wait 8 months, in other words until June 1, 2005, before he/she is elibible to receive benefits for dental restoration expenses.
More terms such as probationary period in Dictionary P.
- Manual Production Variance:
- Help arises in production. Production variances can be calculated by comparing the actual costs to the target costs calculated on the basis of the preliminary cost estimate for the order. The target costs probationary period definition.
- Manual Process Code (EHS):
- Help of a disposal method. Example D/R procedures from Appendix IIA/B of the German Closed Substance Cycle Waste Management Act (KrW-/AbfG) Handling Codes that must be specified in the USA in the probationary period explain.
- Manual Previous Version:
- Help Object status indicating that a new version of this contract has been created. Versioning is used to track contract change history probationary period what is.
- Manual Pegged Order:
- Help determining the requirements quantities and dates of intermediate products and finished products that are the source of a fixed and planned receipt at a specific production level. The pegged order is probationary period meaning.
- Manual Procurement Type (XAP-CQM):
- Help A classification indicating how a material is acquired probationary period abbreviation.
