answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What does inception of policy mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When an insurance policy is cancelled inception date was any insurance ever provided under the contract?

I would need to know why the policy was cancelled back to inception. Sometimes this is called "flat" cancellation and it is extremely rare. Could you tell me why the insurer cancelled back to inception?


Was bedeutet inception auf Deutsch?

Was bedeutet inception auf Deutsch?translates as What does inception mean in German?Inception translates as Beginn, Anfang


Insurable interest with a life insurance policy must exist when?

At the inception of the contract.


With a life insurance policy when must an insurable interest exist?

An insurable interest must exist at the inception (beginning) of the policy.


When must an Insurable interest exist for a property insurance policy?

Insurable interest must exist at inception of the policy cover and at the time of the loss.


What is the idiom of inception?

This is unclear -- do you mean "what are some idioms used in the movie?" Because "inception" is not an idiom. It's an ordinary word.


What is a 'retroactive period' in liability insurance?

The retroactive date sets how long before the inception of the policy that you are covered for negligent acts, error or omissions that you report during that policy. A retroactive date can match the policy inception date so that no prior acts are covered. From the date of the retro period would be the continuous period before the retro date during which the coverage is applicable


Is an accidental death evil?

Accidental death is not at all an evil. In accidental death, double the sum assured of a policy is paid to the nominee for which extra premia is taken since inception of the policy.


Claims made policy?

"Claims Made Policy" - The Insured is indemnified in case a claim arises during the policy period, no matter when a claim may arise, the Policy pays the insured for the Claim, provided the policy is active since its retroactive date(inception date).


What does inception mean?

An event that is the beginning; a first part or stage of subsequent events


What is the different between start and inception?

The two words mean the same thing.


Can your agent change your premium price after you paid the premium in full I paid for a 6 month policy IN FULL and the 45 days later my agent said I owe 192 more due to HER mistake Is it LEGAL?

In most US states an Insurance Company has 60 days from policy inception to properly adjust a premium. Most often a premium change is the result of some unknown factor at policy inception, Usually undisclosed tickets or accidents on the part of the drivers on the policy.