How should a policy that is cancelled and then reinstated in the same month be recorded? What if it was reinstated in a following month?
Please do not record policies cancelled and then reinstated in the same month. For policies cancelled one month and then reinstated the following month, please record one cancellation in the first month and one renewal in the following month.

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1. When should a new policy / policy change be recorded if it has been booked / processed but the change does not become effective until the future? What if it is effective retro-actively?
2. How should a policy that is cancelled and then reinstated in the same month be recorded? What if it was reinstated in a following month?
3. Should a lapse be recorded as a cancellation?
4. What should be recorded under “total policies in force”?