If an application for insurance is sent to the insurer without the first premium, but the premium is paid when the policy is delivered, the effective date of coverage is

Insurance

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If an application for insurance is sent to the insurer without the first premium, but the premium is paid when the policy is delivered, the effective date of coverage is

A) the date the premium was paid

B) the date the policy was issued

C) the date the policy was delivered

D) the date the application was taken

Answer: the date the policy was issued

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