Benefit Period
/ˈbɛnɪfɪt ˈpɪəriəd/
Definitions
- (n.) The fixed duration during which a claimant or insured party is entitled to receive benefits under a contract or insurance policy.
The claimant's benefit period lasted for six months following the injury.
- (n.) The time span in which payments or assistance can be drawn, often limited to prevent indefinite benefit claims.
After the benefit period expired, the employee was no longer eligible for unemployment benefits.
Forms
- benefit period
- benefit periods
Related terms
See also
Commentary
Benefit periods should be clearly defined in contracts to avoid disputes over entitlement duration.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.