Hello All--

I am curious as to how one would read a chart for an insurance policy. For example, would the first signify the purchaser,and the seventh the seller (i.e., the insurance company providing the policy?) Or would the first house be the policy itself? And what house would signify claims under the policy? the third? the eighth? some other house?

Also, what would be considered the time of the election for the insurance--the time of applying for the policy, or the time the policy goes into effect?

My instinct is to use the first house for the policy purchaser, and the seventh for the insurance company--but other than that, I have no idea how to assign what houses to what function. I am also inclined to use the day and time the policy goes into effect as the time of the election for the policy. The day and time that the policy was applied for has relevance to the underwriting process, I think--that is, whether or not the policy purchaser qualifies for the insurance, and what issues may arise regarding the qualifications--but I don't think that the application time is the "birth" time for the policy. Still, I'd like to hear the thoughts of other people.

Thanks for any input.

I think you are on the right track. 1st for purchaser, 7th for other party in the transaction.

I would look to 2nd and 8th house for claims. If you see insurance company's money in the 8th coming to ascendant ruler - this is potentially good for a claim(*). I suppose the policy itself could also be covered by 2nd - as it is an asset that you have.

The text of the policy is probably covered by 3rd - but this is only relevant if you are trying to check that you don't get caught in small print.

Regarding timing. These multiple time issues are always a problem. I agree that the application time is too early - any time up to the point where you can back out is too early. The answer must be when are you truely committed to the policy- which might be the time you sign it, or it might be the moment you make the first premium payment if the policy is not truely effective till that point. It maybe that the real moment is when your payment clears and this is outside your control- if so take the last point at which you do have control.


(*) well, technically, it depends what you are insuring - if it is life insuarance; a claim under the policy is presumably not so good!

Thanks. This is helpful. I actually hadn't thought about using the time when the policy was first paid for--now that you mention it, that probably is the correct time to use.

All the best--Leo-Poet