A waiting period is a specified interval during which certain benefits are unavailable after coverage starts or after another defined event. Health insurance may use separate waiting periods for general illness, maternity, or pre-existing conditions. A policy can therefore be active without every benefit being immediately accessible.
For a family in Nepal buying cover before planned treatment, the relevant waiting period may determine whether the expense is payable. Check its duration, start date, and any exceptions for accidents or continuous coverage. Paying a premium does not by itself remove a stated waiting restriction.