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I actually called Apple today regarding this issue. The lady said it could take up to a week for it to show up
 
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It appears in your settings (general > about). I got my phone using IUP and thankfully I didn't have an issue of it not showing up like many have reported.
 
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I have been wondering the same..as my wife and I both have Iphone 11 and Pro Max on IUP and "Add AppleCare+ Coverage" is indicated on both....For our watches we received email notification a few days ago.
 
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I am guessing it’s better to pay in full for Apple Care vs. the 7.99.
If you cancel the pay in full you still get a prorated refund.
 
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