Coverage Effective Dates Sample Clauses
The "Coverage Effective Dates" clause defines the specific time period during which an insurance policy or contractual coverage is active and provides protection. It typically states the exact start and end dates when the coverage begins and ceases to apply, ensuring that all parties are aware of when benefits or obligations are in force. This clause is essential for preventing disputes about whether an event or claim falls within the covered period, thereby ensuring clarity and certainty regarding the timing of coverage.
Coverage Effective Dates. Buyer Conversion Coverage Seller Coverage that has converted to Buyer Coverage after closing of the Covered Property, is effective on the date of closing of the applicable real estate transaction. Buyer Direct Coverage Effective on the date of closing for the Covered Property. New Home Coverage Effective 365 days from the date of closing for the Covered Property and expires three (3) years from Agreement effective date. Open Direct Coverage Effective thirty (30) days after required payment has been received by Us.