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From The Glossary »

Anniversary Date:

The yearly recurrence of the policy date. The policy date is a date specified in the policy from which premium payment dates are reckoned, the date from which incontestable and suicide clause time limits are measured, and the date from which policy years for non-forfeiture loans and paid-up policy purposes are measured. The policy date is frequently called the date of issue of the policy and is usually the date of execution, unless a binding receipt ...
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