The phrase "benefit period" refers to the timeframe during which someone is eligible to receive certain benefits or payments. It is the period of time when a person can receive benefits from an insurance policy, government program, or other sources.
Flexible death benefit periods of 90, 95, 100, 105, 115 or 121 can be chosen. (termlife2go.com)
Additionally, many carriers limit benefit periods for transgender applicants to five years. (policygenius.com)
So... if you purchase a guaranteed issue life insurance policy, these «types» of causes of death would not be covered until the graded death benefit period expired. (termlife2go.com)