Insurance Made Simple

If you’re visiting this page, then good on you for trying to understand insurance better! We’ve highlighted common and useful insurance terms here and broke them down in plain English.
Policy start date

The policy start date marks the start of your insurance policy.

Why it matters:

For digital insurance providers like OneDegree, the date you purchase a policy online is also your policy start date.

If you're buying a new policy, bear in mind coverage might not be effective immediately on your policy start date. Most health insurance plans impose waiting periods, a set time that must pass before you can start making claims. Check out the definition for Waiting Period for more on how that works.