What does Validation Period mean? Read on to discover the definition & meaning of the term Validation Period - to help you better understand the language used in insurance policies.
The validation period is the length of time that premiums must be paid on an insurance policy so that the expenses associated with that policy are covered by the premiums paid. After the validation period passes, the insurance company will start to generate an actual profit on the policy that it sold.
We hope the you have a better understanding of the meaning of Validation Period.