Reporting Period
Updated: 29 February 2024
What Does Reporting Period Mean?
A reporting period is the period of time during which an insurance policyholder can report claims. If a claim is reported after this period, it will usually not be reimbursed, unless the policy specifically states that claims will be reimbursed after the reporting period expires.
Insuranceopedia Explains Reporting Period
In some cases, policyholders will have the opportunity to get a basic extended reporting period, allowing them to continue to file claims for a certain number of days after a policy expires. The exact number of days will vary from policy to policy, but a 60-day period is common. Claims filed during a basic extended reporting period will be reimbursed.
