A policy period, or effective dates, is the time that a policy is active and available for an insured to utilize. For example, if we were to see a 01/01/2024-25 policy period, then the insured has insurance coverage afforded to them from 01/01/24 until 01/01/25. If they had a claim come in on 01/02/25, they would not be afforded coverage under this policy, based on the Policy Period listed.
