Enrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South Carolina
Depends on the "company underwriting" procedures. Some companies will allow their agents to accept (usually 60 days) upfront premium payments and give you a "conditional receipt" and you are covered unless the company rejects the application for underwriting reasons.
Some companies want to underwrite everything before the policy is issued and you have to give them the right to draft your credit card or checking account on a given date each month.
If you are applying for "medicare policy" it will be effective the following month after your application is received
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Some companies want to underwrite everything before the policy is issued and you have to give them the right to draft your credit card or checking account on a given date each month.
If you are applying for "medicare policy" it will be effective the following month after your application is received