QQuestionBusiness Law
QuestionBusiness Law
What is being delivered during a policy delivery?
A. A binding receipt to the proposed insured.
B. Insurance contract to the proposed insured.
C. Application and initial premium to the insurer.
D. Policy summary sheet and disclosure material to the proposed insured.
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Answer
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Step 1Let me solve this insurance-related multiple choice question step by step:
Step 2: Understand the Key Terms
- "Policy delivery" is a specific term in insurance that refers to the formal transfer of an insurance document - The question asks what specific item is being delivered during this process
Final Answer
Insurance contract to the proposed insured.
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