Is there a waiting period before life insurance becomes effective?
No, not when you use our services. While your application is being processed, you are usually covered by a level of interim insurance. You should refer to the individual insurance companies PDS for more details about that option.
If you are using a telemarketer to buy life insurance you may not be covered for the first 5 years so you need to read all the fine print when dealing directly with an insurance company. We believe the safest option is to use a professional non-aligned insurance adviser to look after you rather than risk it.