Typically describes the duration of coverage for reimbursement by a medical policy for accumulated medical costs .Also is the time prospective insureds can enroll in a group life program or health program without having to prove their insurability. Usually designated by start and stop date .

More On This Topic

Link to This Definition
Did you find this definition of ELIGIBILITY PERIOD helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary