How Soon Does Life Insurance Take Effect? 
That is a great question ! Generally your policy becomes effective after they 've received your first premium payment , and it has cleared . That is assuming of course that you were approved , and the policy issued . That said , some companies will insure you from the date of the application , some states have regulations regarding the time your coverage begins , and your individual company can have its own rule . Best advice is to ask your agent for your policy 's specifics . Thanks for asking ! 