Question

In policies which are dated back, what is the difference between the date of commencement of policy and the date of commencement of risk?

a.

They are the same

b.

There is a difference of one month

c.

There is a difference of six months

d.

There is always a difference between the two dates

Posted under IC22 Life Insurance Underwriting

Answer: (d).There is always a difference between the two dates Explanation:In policies which are dated back, the date of commencement of policy (D.O.C) is always different from the date of commencement of risk (D.O.R).

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Q. In policies which are dated back, what is the difference between the date of commencement of policy and the date of commencement of risk?
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