When Is A Life Insurance Policy Effective?

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   Ms. Q. Harvelle

   Life Insurance Agent, Brokers Revolution,

   A life insurance policy becomes effective on the effective date. That is the official date that the policy is issued by the insurance company. In order to be issued, the insurance application must be reviewed and approved by the company's underwriter. Once the underwriter gives the okay, coverage goes into effect.

   Answered on June 19, 2013

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