Primerica Pre-licensing Course Practice Exam

Says that coverage will be effective either on the date of the application or the date of the medical exam, whichever occurs last, as long as the applicant is found to be insurable as a standard risk, and policy is issued exactly as applied for

Conditional Receipt

Coverage begins under a conditional receipt. When you apply for a life insurance policy and pay the premium with the application, the insurer may issue a conditional receipt. That receipt provides temporary coverage starting on the later of the application date or the medical exam date, as long as you are found insurable as a standard risk and the policy is issued exactly as applied for. This means you gain protection while underwriting is completed, but only if the policy terms remain the same as requested; if you are rated or declined, or if the policy is issued with different terms, the temporary coverage does not apply.

Application

Attending Physician Statement

Underwriting