Rakesh Goyal, director, of Probus Insurance Broker said, “To minimize the waiting period in insurance, it's advisable to thoroughly review and understand the policy terms before purchasing. Opt for policies with shorter waiting periods, and consider insurers that offer quick processing times. Additionally, ensure that all required documentation is promptly submitted to expedite the underwriting process. Regularly communicate with the insurance provider to stay informed about the status of your application, and inquire about any potential ways to reduce waiting periods based on your specific needs and circumstances.”