An insurance proposal means a document that an … a. insurer receives as an application for insurance coverage. b. insured uses as a basis for submitting a claim against the policy. c. insurer completes and submits for the insured’s consideration and acceptance. d. insured should keep as proof of having an insurance agreement
Business/Management
ScanSolve AI Answer
a. insurer receives as an application for insurance coverage.
An insurance proposal is a document completed by a prospective policyholder (the applicant) and submitted to an insurer. It contains information about the risk to be insured and serves as the application for insurance coverage.
The final answer is .
Was this helpful?
Still stuck on this one?
Ask a follow-up, and the answer starts from this question.
Got a different question?Ask your own question
More Business/Management Questions
QWhat are the correct conditions and answers for the following insurance policy questions?QWhat is insurance and what is its primary purpose?QWhat are the answers to questions 9, 10, and 11 regarding insurance policies?QWhat are the answers to the insurance questions about marine insurance, policyholders, insurers, and…Qc. List any four principles of insurance
Handwritten Step-by-Step Solution
Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.
Try on WhatsApp