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Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance - Virginia Life, Annuities, and Health Insurance Examination Series 11-01

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Page: 14 / 14
Total 150 questions

When payment of the initial premium does NOT accompany the application, the coverage under a life insurance policy normally begins:

A.

At 12:01 a.m. on the first day of the month

B.

When the application is completed and signed

C.

When the agent delivers the policy to the insured and collects the required premium

D.

One week following submission of the inspection report