Which insurance plan typically includes an elimination period before benefits start?

The correct choice is based on the nature of disability income policies and the specific features they include. A disability income policy provides financial support to individuals who are unable to work due to a covered disability. The elimination period in this context refers to a specified duration that the insured must wait after becoming disabled before the policy begins to pay out benefits. This waiting period is designed to prevent abuse of the insurance and to encourage policyholders to return to work as quickly as possible.

In contrast, basic health insurance typically covers medical expenses without the need for an elimination period, as it focuses on providing immediate healthcare coverage. Accidental death and dismemberment insurance pays out benefits in the event of certain specific incidents without the element of an elimination period since it is triggered by an event rather than an ongoing condition. Pediatric health insurance is designed to cover children's medical needs, focusing on immediate care and treatment, rather than providing income replacement for disabilities, which is why it would not include an elimination period.