What does Concurrent Periods mean? Read on to discover the definition & meaning of the term Concurrent Periods - to help you better understand the language used in insurance policies.
Concurrent periods refer to a period of time during which the policyholder of a temporary disability policy has more than one disability or injury. It allows the insurance company to treat the health issues as one single injury or disability, even if they are unrelated. Thus, they can pay one single disability benefit, instead of multiple ones.
We hope the you have a better understanding of the meaning of Concurrent Periods.