A benefit period is a length of time during which a benefit is paid. This may be a government benefit such as the British Housing Benefit, or a healthcare benefit system such as the American Medicare, or payment from an insurance policy such as a Payment protection insurance which covers mortgage or other commitments after accident, illness or redundancy. It may also be known as the Payment period.
A related terms is Benefit week used in calculation of entitlement to benefits.
Read more about Benefit Period: Medicare, Benefit Year or Season
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“When one family builds a wall, two families benefit from it.”
—Chinese proverb.
“Words convey the mental treasures of one period to the generations that follow; and laden with this, their precious freight, they sail safely across gulfs of time in which empires have suffered shipwreck and the languages of common life have sunk into oblivion.”
—Anonymous. Quoted in Richard Chevenix Trench, On the Study of Words, lecture 1 (1858)