What does Retroactive Period mean? Read on to discover the definition & meaning of the term Retroactive Period - to help you better understand the language used in insurance policies.
A retroactive period is a period of time during which an insurance company will not provide coverage for claims. The retroactive period is any period of time that occurs before a policy's retroactive date, which is the day that the policy starts providing coverage for legitimate claims.
We hope the you have a better understanding of the meaning of Retroactive Period.