Glossary of terms

Here’s a guide to assist you in understanding the meaning of the terminology used by CBHS Corporate Health.

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  • Clearance Certificate (Transfer Certificate)

    Private health insurance consumers have the right to transfer between different insurers without re-serving waiting periods. When a consumer transfers to a new health insurer, a clearance certificate is required in order to confirm the previous level of cover held and whether or not the Lifetime Health Cover loading should apply.

    Details provided on the clearance certificate include:

    • Level of cover
    • Join and cancellation date
    • Waiting periods served
    • Certified Age of Entry (CAE)
    • Lifetime Health Cover age
    • Days Without Cover
    • Persons covered

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