Term Life Insurance Effective Date
Click Here To Know More About: Best Financial Advisors By Dennis Jarvis When exactly does the term life insurance effective begin? That's a great question with far reaching implications if benefits are triggered while in the application process. Let's take a look at effective dates and the other potential clauses that are common for life insurance policies. To determine the effective date, we need to look at another fancy insurance term called "offer and acceptance". Keep in mind that the application and policy itself are contracts between you and the life insuranc