Reporting Period

Published: | Updated: December 2, 2017

Definition - What does Reporting Period mean?

A reporting period is the period of time during which an insurance policyholder can report claims. If a claim is reported after this period, it will usually not be reimbursed, unless the policy specifically states that claims will be reimbursed after the reporting period expires.

Insuranceopedia explains Reporting Period

In some cases, policyholders will have the opportunity to get a basic extended reporting period, allowing them to continue to file claims for a certain number of days after a policy expires. The exact number of days will vary from policy to policy, but a 60-day period is common. Claims filed during a basic extended reporting period will be reimbursed.


How Well Do You Know Your Life Insurance?

The more you know about life insurance, the better prepared you are to find the best coverage for you.

Whether you're just starting to look into life insurance coverage or you've carried a policy for years, there's always something to learn.

Share this: