Texas Life Agent Practice Exam 2026 – Comprehensive All-in-One Guide to Master Your Certification!

In the context of life insurance policies, the effective date of coverage can often depend on the specific circumstances surrounding the approval and delivery of the policy. In this scenario, the application was approved on May 14th, but the policy was not delivered until May 26th.

Coverage typically becomes effective when the policy is delivered, assuming that the applicant has met all conditions required by the insurer, such as signing any necessary documents and paying the initial premium. Since the policy was actually delivered on May 26th, this is the date when coverage becomes effective. It is essential for policyholders to understand that coverage aligns with the delivery date, as this represents the moment they have the actual policy and are legally bound by its terms.

Other dates mentioned, such as May 14th or May 15th, would not apply here since the effective date is reliant on the delivery of the policy rather than just the approval date of the application. Therefore, the correct understanding lies in recognizing that the delivery date, May 26th, serves as the marker for when coverage begins.