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Cannot be answered here - that information should appear in the contract language of the policy.

Generally, however, the insurance agent will take a deposit premium for the anticipated first month's premium at the time that the application for coverage is taken.

The application is essentially an offer to purchase insurance. The insurance company than analyzes the answers given on the application application in accordance with its underwriting guidelines. Those guidelines lay out the types of risks that the insurer is willing to accept and for what price (premium).

If a policy is issued (because the insurer is willing to accept the risk as identified in the application), a policy will be issued. The front page of the policy is called the Declarations, and will show a summary of the coverage, as well as the due date and amount of subsequent premium payments.

If the insurer decides not to issue a policy for a reason that is not prohibited by law, the deposit premium will be returned.

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Q: When is payment required to have insurance coverage?
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