Are you having trouble answering the question “Chantal applied for life insurance on November 1, but she did not submit a premium payment with the application. She underwent a physical examination on November 10, which she passed, and the results of that exam were forwarded to the insurance company. The policy was issued by the company on November 15, and the agent delivered the policy to Chantal on November 17, at which time she paid the first premium. When did Chantal’s coverage become effective?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Chantal applied for life insurance on November 1, but she did not submit a premium payment with the application. She underwent a physical examination on November 10, which she passed, and the results of that exam were forwarded to the insurance company. The policy was issued by the company on November 15, and the agent delivered the policy to Chantal on November 17, at which time she paid the first premium. When did Chantal’s coverage become effective?
A) November 17
B) November 1
C) November 10
D) November 15
Answer: November 17
You should now have gotten the answer to your question “Chantal applied for life insurance on November 1, but she did not submit a premium payment with the application. She underwent a physical examination on November 10, which she passed, and the results of that exam were forwarded to the insurance company. The policy was issued by the company on November 15, and the agent delivered the policy to Chantal on November 17, at which time she paid the first premium. When did Chantal’s coverage become effective?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.