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).
I found an old policy, how do I know if it is still valid or if it was cancelled. The policy date is June 1, 1961, Maturity date June 1, 2021. Thank you. Diane Rolandelli cannotsit@aol.com
The endowment point for life insurance is usually a fixed date or death. It is a period of maturity for policy payment.
It begins at the time and date of recording of the vesting instrument, which is generally either the deed (for an owner's policy), or the mortgage (for a lender's policy).
No you would not. Insurance is only applicable as long as the policy is in force and is VALID. Once the policy gets cancelled either due to non payment of premium or because you want to cancel it, all benefits of the insurance policy become null and void. You would not get any benefits out of it after that date.
Generally your lender requires you to keep up-to-date proof of insurance on file with them.
The Policy effective date is the date that your insurance coverage started under that policy.
Your insurance policy clearly states its date of expiry.
The date as shown in the Certificate of Insurance, when coverage under this policy commences.
The date as shown in the Certificate of Insurance, when coverage under this policy commences.
Homeowners insurance is typically a 1 year term policy, It has a start and end date. At the expire date (end date) the policy is expired. There is no grace period after expire. Typically you are notified prior to the expire date of policy renewal. If you do not renew the policy, It just expires on the end date.
The date as shown in the Certificate of Insurance, when coverage under this policy commences.
The life insurance policy has a maturing date that determines the time it takes for a policy to accumulate the amount of money essential for the policy. An unmatured life insurance policy is one that hasn't yet reached the end of its policy.
professional liability
For term it is when you stop paying. When do you want it to be?
Insurance policy summary in a nut shell denotes the salient features of the particular policy,along with policy no and date, period of validity, coverage etc. so that one can get a glimpse of the policy bond.
No, the reason is that there could have been an accident or any other situation. An auto insurance policy must be in force it cannot be back dated.
On maturity, you are to surrender the origial policy bond to the insurance company for payment. If you still away from your maturity date, you can apply for correction of birth date with agree proof before the insurance company.