India, April 6 -- justify;">Rajesh bought a family floater health insurance policy with a sum assured of Rs. 10 lakhs. The policy covered Rajesh, his spouse, and his 2 children. Six months after buying the policy, Rajesh's wife had to undergo a cataract operation. Rajesh filed a claim for Rs. 25,000, but the health insurance company rejected it. The reason given was the waiting period for specific diseases / procedures. Like Rajesh, if you don't want to face any claim rejections, you must be aware of the various waiting periods in a health insurance policy. In this article, we will understand what a waiting period is in a health insurance policy and its types.

A waiting period in a health insurance policy is the specified time period dur...