Delivery Receipt

An insurance policy goes on the effective date.

Before bringing the policy contract to you, your advisor will have checked for errors

  • e.g., name, date of birth, gender, type of plan, amount of coverage

When you meet for delivery of the policy, your advisor will ensure that there are no material changes in

If there have been material changes, your advisor will inform the insurer of the changes and not deliver the policy. Otherwise, your advisor will do the following

  • review all the features and provisions of the policy contract
  • ensure that you understand the contract, which reduces the likelihood of you canceling the policy

If everything is okay, you sign a delivery receipt as proof that you have received the policy. Your advisor witnesses your signature. The receipt shows the policy number and date of delivery. Your policy is now in effect and the "free look" period now starts.

PS Network

Market Better
twitter.png Twitter
blogger.png Blog
marketingreflections.png Newsletter
Spark Insight
website.png Website
Grasp Risk
twitter.png Twitter
blogger.png Blog
website.png Podcast
website.png Website
Tame Risk
website.png Taxevity
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License