A deferment period can delay the start of an eligible benefit under a policy.
The distinction that matters
The term’s meaning depends on the product and is not necessarily the same as every waiting or elimination period described overseas.
What to check
- Identify the benefit.
- Read the start and continuity rules.
- Plan for the uncovered period.
Example to discuss
A worker checks how long savings must bridge before an eligible income benefit starts.
This is a hypothetical comparison, not a customer claim or a determination of cover.
Sources and further reading
General information only. The policy, schedule and applicable rules determine the actual position. For a personal decision, use an appropriately qualified adviser or the relevant provider.