Jargon Buster - Definition of Deferment Period

Please select your letter of choice below to see the list of terms:

Deferment Period

is the time period that you have to wait before a claim is paid for insurance policies such as Income Protection and Accident, Sickness and Unemployment Insurance.

For long term income protection policies, typical deferment periods are:

  • 4 weeks
  • 8 weeks
  • 13 weeks
  • 26 weeks
  • 52 weeks


Some companies also offer 1 day, 1 week and 2 year deferments, however these are less common.

For accident, sickness and unemployment policies, the typical deferment periods are 30, 60 and 90 days.

The longer the deferment period that you choose, the cheaper the premium for the policy will be.

Please note that all definitions are intended for general guidance only. For official and current definitions you should always double check your policy wording.

If you are in doubt of the meaning of any terms, why not email us on

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