Life Assurance Policy

And under what circumstances this happens?

Instead of policy meetings today, when it is issued by the insurance company you updated as of last month (before your birthday for example) to lower the cost.

This is the answer and reason. It is generally for a birthday to get and keep a lower rate.

In addition to these two answers to a life insurance policy can be applied retroactively to a date prior to your date of birth earlier to get a cheaper premium. Several companies have done, but there are limits, ie they only go back 2 months or it must be a policy of more than 20 years.

Sustained political means force before he went today ... ie you submit an application to 10/15/09. They are waiting for your medical test results, medical history, etc. Once everything clears and they put your approved policy inforce 10/15/2009 the day it was received ... 11/16/09 instead of the day they finished treatment.

This is when politics comes into force retroactively.

It can happen when there is a computer error or an error agent, but if done for the sole purpose of collecting a debt that has already happened, insurance fraud it is, and illegal.