Product Disclosure - Effective date of coverage



The contract takes effect when all of the following conditions are met:


  1. the provisions pertaining to the coverage are delivered to you; and


  2. the full amount of the first monthly deduction pertaining to the coverage has been paid to us; and


  3. no change has taken place in the insurability of the insured between the time the application was completed and the time the provisions pertaining to that coverage were delivered to you.