Just to add -
A policy can be backdated up to the first day of the accounting year in which the policy is purchased, that is, If a policy bought any time in April 1, 2008-March 31, 2009 can be backdated up to April 1, 2008 and not beyond.
Just to add -
A policy can be backdated up to the first day of the accounting year in which the policy is purchased, that is, If a policy bought any time in April 1, 2008-March 31, 2009 can be backdated up to April 1, 2008 and not beyond.
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
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