Answer:
When the insurer issues a policy
Explanation:
Every insurance company has different policies and different requirements for a person to be applicable to insurance. The basic procedure for an applicant to apply for an insurance company is the applicant completing a form in the type of insurance he/she is interested in. Along with the application, a premium check is to be submitted. After this step, the applicant has to wait until the insurer issues a policy if the application is considered.
