WHEN DOES COVERAGE START? Sample Clauses
The "When Does Coverage Start?" clause defines the exact point in time when an insurance policy or contractual coverage becomes effective. Typically, this clause specifies whether coverage begins upon payment of the first premium, the signing of the agreement, or at a predetermined date and time. For example, it may state that coverage starts at 12:01 a.m. on the policy's effective date. The core function of this clause is to eliminate ambiguity about when protection or benefits are available, thereby preventing disputes over claims that occur near the start of the policy period.
WHEN DOES COVERAGE START? a. If No Interim Insuring Agreement is Used
b. If an Interim Insuring Agreement is Used
