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taurus [48]
3 years ago
7

An agent gives a conditional receipt to a client for an insurance policy after collecting the initial premium. when will the pol

icy become effective?
Business
1 answer:
ExtremeBDS [4]3 years ago
4 0
If the insurer takes the policy as applied for the coverage will take effect when the conditions of the receipt are met and from the date of the application or medical exam. The two types of conditional receipts are insurability and approval. The insurability receipt provides interim coverage as the applicant is insurable while the approval receipt will not begin until the insurer will approve the claim. However, conditional receipts will provide the coverage if the applicant is insurable as applied for and coverage will not be delivered until the applicant accepts the coverage if the insurer concerns a counter-offer because the applicant is substandard risk. 
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Which statement about the role of white papers in business solutions is true? Multiple Choice They directly address a customer's
FromTheMoon [43]

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Explanation:

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Answer:

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Explanation:

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The balance sheet below reflects Zee Bank after its purchase of $50 million in government securities from the Fed. Assume a requ
UkoKoshka [18]

Answer:

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Explanation:

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Explain how an understanding of consumers' learning processes might affect marketing strategy planning. give an example.
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