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W

Waiting Period for Coverage

Waiting period for coverage is the amount of time the insured must wait while being actively at work before qualifying for coverage.

Waiting Period for Disability Payments

The long-term disability waiting period is the amount of time the insured must wait after becoming disabled before being eligible for long-term disability payments.

Weekly Indemnity

Short-term disability is insurance that provides benefits, often as a portion of salary, during a period of short-term disability as defined by the insurance company offering the benefits package. Also referred to as Short Term Disability.