What does Blackout Period mean? Read on to discover the definition & meaning of the term Blackout Period - to help you better understand the language used in insurance policies.
A blackout period is a temporary period, usually about 60 days, during which a person has limited or no ability to make changes to their investment or retirement plans. Blackout periods on group benefits offered by employers must be made transparent: they are not permitted unless they are announced ahead of time.
We hope the you have a better understanding of the meaning of Blackout Period.