What does Pre-existing Condition mean? Read on to discover the definition & meaning of the term Pre-existing Condition - to help you better understand the language used in insurance policies.
A pre-existing condition is medical condition that a person has before they enter into an insurance contract. In other words, it refers to a health condition or a personal ailment known and in existence at the time the insurance contract is executed. It is vital for an insurance company to be aware or informed of these conditions.
We hope the you have a better understanding of the meaning of Pre-existing Condition.