There is a 6 month waiting period for natural causes. This means that if you die due to illness within the first 6 months, there will unfortunately not be cover. However, if you die due to an accident, you will be covered from the first premium. As a matter of fact, you receive double the amount of cover if you die due to an accident. The reason for this waiting period is there are no medical examinations. It stops people from taking out a policy while they are on their death bed. The provider gives clients the benefit of the doubt. This is an industry standard.