What is involved when a life insurance policy has been backdated?

Insurance

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What is involved when a life insurance policy has been backdated?

Options

a) Setting a policy’s effective date prior to a preexisting condition
b) Redating a policy after it has been issued
c) Reinstating a lapsed policy
d) Making the policy effective on an earlier date than the present

Answer: d) Making the policy effective on an earlier date than the present

The above question What is involved when a life insurance policy has been backdated?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.