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.

Pre-existing condition

A pre-existing condition is an illness or injury that happened before your insurance coverage takes effect.

Why it matters:

Pre-existing conditions are often excluded because insurance is meant to protect you in future events, and not compensate you for things that have already happened.

Keep in mind your coverage takes effect after any relevant waiting periods. So a medical condition developed during the waiting period would also be considered as a pre-existing condition.