In some cases, as soon as you give a check with your application.
The Policy effective date is the date that your insurance coverage started under that policy.
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.
The date as shown in the Certificate of Insurance, when coverage under this policy commences.
Insurance policies can be purchased for powertools. They are very costly to purchase for the product. After 85 years of age, then the policy becomes ineffective.
Yes. You can cancel at any time
As long as the questions were answered honestly IMMEDIATELY
These are basically the same for any kind of insurance policy: The declarations, the coverage forms, and endorsements. Sometimes the application becomes part of the policy.
Mature. In insurance, a policy matures when its face amount becomes payable. This could occur upon the death of the insured, or in some forms of insurance such as endowments, as of a specified date.
A life insurance policy becomes "fully paid up" when the company tells you no more premium payments are due.
In Family Life Insurance Policy, both husband and wife are involved,thereby both of them are covered under a single copy. In case of any eventuality of either of the two,death claim is paid and the policy becomes void.
Depends on your policy. Some do, some don't. Ask your insurance rep, get the answer from him/her in writing.