Glossary

As you explore our site, you may come across an unfamiliar word or term. We've developed a glossary that we hope will help you.

A (10) B (6) C (17) D (8) E (9) F (5) G (3) H (10) I (7) L (1) M (5) N (6) O (6) P (20) Q (1) R (3) S (5) T (1) U (2) W (2)
Waiting period

A period of time the member must wait before coverage begins. Two common types of waiting periods are company-imposed and for pre-existing conditions.

Workers' compensation

Insurance purchased by the employer to provide benefits to employees for illness or injury that arises out of or in the course of employment without regard to negligence or fault.