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scoundrel [369]
4 years ago
12

An applicant completes the application and submits it to the insurer along with a premium check. When is the applicant's offer c

onsidered accepted?
Social Studies
1 answer:
Pachacha [2.7K]4 years ago
3 0

Answer:

<u><em>When the insurer issues a policy</em></u>

Explanation:

Every insurance company has different policies and different requirements for a person to be applicable to insurance. The basic procedure for an applicant to apply for an insurance company is the applicant completing a form in the type of insurance he/she is interested in. Along with the application, a premium check is to be submitted. After this step, the applicant has to wait until the insurer issues a policy if the application is considered.

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