Sometimes one can take a cover with higher limit and more benefits on renewal of existing policy, waiting period applies to the additional benefits.
Health insurance provider may waive the waiting periods on certain benefits. In case of an accident, there is no waiting period.
The following services quite often have waiting period;
- Maternity and related conditions. Waiting period is from 10 to 12 months depending on the provider of insurance.
- Pre-existing chronic conditions. The waiting is 1 year for most of the covers.
- Also services like kidney transplant has a waiting period of 2 years.