Respuesta :
Based on the information given the point at which the coverage will go into effect is when the policy is receive and the premium is paid.
Initial premium is the amount or initial payment that is made on insurance coverage.
For the insurance coverage to be effective the initial premium was suppose to be summitted along with the insurance policy application.
Based on the information given the insurance coverage will go into effect when the life insurance policy is received and when the initial premium is paid or when the the first payment is included with the application.
Inconclusion the point at which the coverage will go into effect is when the policy is receive and the premium is paid.
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Answer: When the applicant receives the policy and pays the initial premium.
Explanation: