Reporting Period
Updated: 04 January 2025
What Does Reporting Period Mean?
A reporting period is the time frame during which an insurance policyholder can report claims. If a claim is reported after this period, it is typically not reimbursed, unless the policy explicitly states that claims will be reimbursed even after the reporting period has expired.
Insuranceopedia Explains Reporting Period
In some cases, policyholders may be able to obtain a basic extended reporting period, which allows them to file claims for a certain number of days after a policy expires. The exact duration of this period can vary from policy to policy, but a 60-day period is common. Claims filed during the basic extended reporting period will typically be reimbursed.
