Effective Date:The date your insurance is to actually begin. You are not covered until the policies effective date.
Estate or Inheritance Taxes on Assets:Taxes that are required to be paid on your assets at death.
Exclusions:Medical services that are not covered by an individual's insurance policy.
Explanation of Benefits:The insurance company's written explanation of a claim, showing what they paid and what the individual must pay. Sometimes accompanied by a benefits check.
Evidence of Insurability:Proof of a person's physical condition, occupation or other factors. This is used by a life insurance company to determine the acceptability of the applicant for life insurance.