An elimination period is the waiting time after a covered loss before benefits begin, commonly used in disability income and long-term care policies. It functions like a deductible measured in days (e.g., 30, 90, 180). Shorter periods trigger earlier payments but increase premium; longer periods reduce cost. Selecting the right period balances affordability and income-protection needs.

Advisors tailor elimination periods in DI and LTC policies to the client's emergency reserves and risk tolerance. Employers may choose 90 or 180 days for group LTD to lower premium. During claims, understanding calendar-day versus service-day language determines when benefits start. Clear explanations prevent disappointment about waiting periods.