What is the term for a disability income policy provision that allows a specific period after an accident for a disability to occur?

The term for a disability income policy provision that allows a specific period after an accident for a disability to occur is appropriately known as the Delayed Disability provision. This provision recognizes that sometimes, the effects of an accident may not be immediately evident, and it provides coverage for individuals who may experience a disability that arises after the incident within a defined timeframe. Essentially, it gives policyholders assurance that they will be covered if they develop a disability as a result of an accident, even if that disability manifests days, weeks, or longer after the initial event.

The other terms do not accurately describe this provision. The Waiting Period provision typically refers to a predefined period that must elapse before benefits become payable, distinguishing it from the concept of delayed disability. The Residual Disability provision offers benefits to those who can return to work but at a reduced capacity, while the Extended Coverage provision usually refers to additional features beyond standard coverage, rather than the delayed onset of disability. Therefore, the Delayed Disability provision specifically addresses the situation where a disability occurs after a specified period following an accident.