When does an agent give a conditional receipt to a client?

An agent gives a conditional receipt to a client for an insurance policy after collecting the initial premium. When will the policy become effective? When the conditions of the receipt are met. An agent gives a conditional receipt to a client for an insurance policy after collecting the initial premium. When will the policy become effective?

What is a conditional receipt for an insurance policy?

An agent gives a conditional receipt to a client for an insurance policy after collecting the initial premium. When will the policy become effective? We have an expert-written solution to this problem! An insurance policy may be issued with a preferred insurance premium in all of these situations EXCEPT

Do you need to sign a conditional receipt for insurance?

An insured may be required to sign which document at policy delivery to ensure there has not been any adverse medical conditions since the time of the application? An agent gives a conditional receipt to a client for an insurance policy after collecting the initial premium. When will the policy become effective?