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The effective date normally means the initial or policy effective date in a reinstatement date of policy document. It can not mean reinstatement date solely. Technically it is not starting effective.

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โˆ™ 2014-09-17 15:33:37
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Q: Does an effective date mean the reinstatement date or policy effective date in a reinstatement policy document?
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When is the effective date of the policy?

The date of commencement should be the effective date of the policy only.


What does effective policy date mean?

The Policy effective date is the date that your insurance coverage started under that policy.


What is the difference between execution date and effective date?

execution date is the a document is signed and effective date is when the document becomes valid or goes into force.


Is there a lapse in coverage on an insurance policy if the policy was cancelled and then reinstated?

Technically, the policy lapsed. If a covered loss occurred before reinstatement, the insurer would arguably be justified in denying coverage. However, if the reinstatement was retroactive to the lapse date (which would probably occur if the reinstatement occurred quickly), and if you have been with the insured for some time, coverage may be extended to the intervening loss.


What is the policy effective date?

The date as shown in the Certificate of Insurance, when coverage under this policy commences.


When is life ins policy become effective?

On the policy issued date, which is stated in the policy.


Are the three ways to search for a Document Name Name and Title Document Name only or Effective Date?

False


Are the three ways to search for a Document Name in iperms Name and Title Document Name only or Effective Date?

False


What is certificate of insurance?

A Certificate of Insurance is a document issued from an insurance company that they use to determine the existence of insurance coverage under certain conditions granted to listed individuals. The effective date of the policy is listed on this document as well as the type of insurance coverage that was purchased.


Can a person cancel an auto insurance policy at any time from the date the policy is effective?

Yes. You can cancel at any time


When is power of attorney activated?

A POA is valid as soon as it is executed unless there is some language within the document that limits its effective date or creates some other restrictions.A POA is valid as soon as it is executed unless there is some language within the document that limits its effective date or creates some other restrictions.A POA is valid as soon as it is executed unless there is some language within the document that limits its effective date or creates some other restrictions.A POA is valid as soon as it is executed unless there is some language within the document that limits its effective date or creates some other restrictions.


What is a P-and-P date in an insurance policy?

This may refer to the "Prior and Pending" litigation date in a Directors and Officers liability policy for a corporation. A new policy will not cover litigation that is either existing (prior to the effective date) or in the process of being filed (pending).


Register date life insurance policy?

Register date is usually a Fraternal Co. term and is more like an effective date. The register date can be the application date or the issue date. It is not really relevant.


How long is a power of attorney effective in the state of Florida?

It will be effective until revoked by the grantor. The document itself may have an expiration date on it. And it ends at the death of the grantor.


What is reinstatement value?

Reinstatement Value is defined as the replacement price of the comodity / structure as on the date of valuation without depreciation. - SANDIP KUMAR DEB MRICS, sandip@valuerdeb.com


What is a springing durable power of attorney?

A durable power of attorney that specifies an occurrence or a future date for the document to become effective.


What is the difference between a claims made and occurrence general liability policy?

Occurrence policy key date is the date of the Occurrence or accident. If that date is during the effective policy period, that policy applies. On claims made policies, the trigger date is the date the claim is made or the policy holder becomes aware of a claim being made. If that date is during the effective policy period, that policy applies. Generally claims made policies are found in professional liability policies (doctors and lawyers) as well as errors and omissions policies. Claims made policies have what's called a Retroactive Date - This is gennerally the effective date of the first claims made policy writte. This date means that the insurance carrier WILL NOT pay any claims that occur prior to that date. Furthermore, once the policy expires, any claims that have not been reported during the policy term are not covered. You don't actually have any less coverage, but you have less time to report a claim. There are endoresments you can buy to extend the claim reporting time once the policy expires. An occurrence policy will let you report a claim today on a policy that was in force 5 years ago. You generally can't do that on a claims made policy unless you purchase endorsements. The claims made policy is becoming popular for fighting construction defect claims where builders are being sued today for something they did 7 years ago. If the contractor has a claims made policy now, that policy will not respond to the claim.


Is a date always needed on a legal document?

Generally, yes. However, it depends on the document. A document without a date is not necessarily invalid.Generally, yes. However, it depends on the document. A document without a date is not necessarily invalid.Generally, yes. However, it depends on the document. A document without a date is not necessarily invalid.Generally, yes. However, it depends on the document. A document without a date is not necessarily invalid.


Will home replacement insurance pay for fire after 3 months of coverage?

Yes, your coverage begins on the effective date of your policy.


Can a person cancel an auto insurance policy via email?

Yes, Allstate allows this via email. I was told to include the policy number as well as the effective date for the cancellation.


How does someone revoke power of attorney?

Create a written document with the persons information and have it notarized. This document should have name, address and the effective date of the revoking. Take this document to any place the Power of Attorney was used and also any government agencies.


Had an accident on the same day you got insurance are you covered?

It is not a secret. You need to look at your policy for the effective date and time of the commencement of coverage.


How do you find out information about a life insurance policy for a deceased parent?

I just found a policy for my deceased father. the certificate number is 0070-w-s-245. Effective date is January 1, 1948. What do I do to find out more on this policy?


How long after the effective date of life insurance policy can a death claim be reported?

The key date for a life insurance policy is the date of death, rather than the effective date of the policy. Since a life insurance policy is a written contract, the law of the state in which the policy was issued will provide how long one has to file suit on a written contract. However, filing suit should be the last resort. The policy will probably have a section addressing "Claims". It will specify the procedure to be followed, what the company needs, and where the material is to be sent. It may also state a fixed period of time after death to submit the claim, or "as soon as practicable". This suggests that there is some flexibility in the timing, and that the insurer realizes that claims are usually not filed immediately.


Where do I find the cancellation date for my health insurance?

The best way to confirm is to contact your insurace provider directly to confirm effective policy dates.

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