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The pre-existing condition exclusion period is a health insurance provision that limits benefits for a period of time for a prior medical condition.| Investopedia
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Insurance is a contract in which an insurer indemnifies another against losses from specific contingencies and/or perils.| Investopedia
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Health insurance is a type of contract in which a company agrees to pay some of a consumer's medical expenses in return for payment of a monthly premium.| Investopedia
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The healthcare sector consists of companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.| Investopedia
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A preexisting condition is an illness or health condition that existed prior to applying for health or life insurance.| Investopedia