QUALIFYING EVENT
\kwˈɒlɪfˌa͡ɪɪŋ ɪvˈɛnt], \kwˈɒlɪfˌaɪɪŋ ɪvˈɛnt], \k_w_ˈɒ_l_ɪ_f_ˌaɪ_ɪ_ŋ ɪ_v_ˈɛ_n_t]\
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A condition or an occurence that fulfills a set of specific criteria that will allow a payment of insurance benefits to an individual. It may also result in the termination of an insurance policy as the event or occurence is not allowed to happen under the set of criteria.
By Henry Campbell Black
