Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Once an insurance company encashes my premium cheque, from when should the risk start?

April 26, 2017Business Cheque COMPANY Finance Insurance Premium risk

0

Posted

Once an insurance company encashes my premium cheque, from when should the risk start?

1 Answer

0

Posted

There are guidelines given with each quote that state when the coverage will begin. The fact that they cashed your check unfortunately does not mean that coverage has started. If you think this should be a different date then review the information given to you when quoted and see what the stipulations are. Good luck!