If an agent submits an application and check that lacks the applicant's signature, when will coverage be effective if the application is approved?

In Massachusetts, an insurance application must be complete for the coverage to be effective. If an agent submits an application that is missing the applicant's signature, coverage cannot begin until all necessary conditions are met.

When the application is approved, the effective date of coverage typically will be the date the policy is delivered to the insured, and it often includes a requirement for a good health statement. This is because the insurer wants to ensure that there have been no changes in the applicant's health status from the time the application was submitted to when the policy is actually issued. If the applicant signs the policy upon delivery, it also serves as an affirmation that they are still in good health, which is crucial for the insurer's assessment of risk.

The other answer choices do not take the signature and the health condition requirement into account:

• The day of the application submission does not account for the need for a signature and health affirmation.

• The date the premium was collected does not suffice without the policy being delivered and the applicant affirming good health.

• Waiting a period of 30 days would not be appropriate since the effective date hinges on the delivery of the policy and the fulfillment of all signature and health affirmation requirements.

Thus, the correct answer is based on the