Conditional Receipt Life Insurance at Life

Conditional Receipt Life Insurance. No agent of protective life and annuity insurance company (the company) can alter or waive any of the provisions of this agreement. By tony steuer, clu, la, cpffe.

28.the basic purposes of a conditional premium receipt are to acknowledge payment of initial premium for life insurance and to ____. That’s how a conditional receipt works. A life insurance agent will make contact with a prospect,

PPT Topic 10. Legal Principles in Insurance Contracts

Conditional binding receipt — a receipt in life insurance that guarantees that if the risk is accepted, the named insured is insured from the date of (29). Provided that you are eligible for the policy applied for, a conditional receipt extends coverage before the. A conditional receipt is a document given to someone who applies for an insurance contract and has provided the initial premium payment. When the conditions of the receipt are met d.