Common use of When Coverage Begins Clause in Contracts

When Coverage Begins. You agree that an Insured for life or disability insurance will be covered prior to policy delivery only when all of the following requirements have been met: The owner has paid the full first premium, according to the mode of premium payment selected, for all insurance applied for in this application (any check or draft for that payment must be honored by the bank); and The Insured has submitted all medical and other information required by the company's written underwriting rules; and

When Coverage Begins. You agree that an Insured for life or disability insurance Insurance will be covered prior to policy delivery only when all of the following requirements have been met: The owner has paid the full first premium, according to the mode of premium payment selected, for all insurance applied for in this application (any check or draft for that payment must be honored by the bank); and The Insured premium has submitted all medical and other information required not been returned by the company's written underwriting rules; and