Abroducer has taken an application for an individual Disablay In CORRECT about this situation? ΟΛ 8 OD Y, CBS & GAS Since the producer collected a premium when taking the application, the road is As soon as the insurance company receives the application aren, wil policy. The Insurance company will be a policy to the applicant only the tongy te issued the appearty The insurance company will complete standard underwriting procedures before making a decision abt whether to was the op codeed Whe to may ad te led the ac à pricy to the with the ide dang the de time with p
Abroducer has taken an application for an individual Disablay In CORRECT about this situation? ΟΛ 8 OD Y, CBS & GAS Since the producer collected a premium when taking the application, the road is As soon as the insurance company receives the application aren, wil policy. The Insurance company will be a policy to the applicant only the tongy te issued the appearty The insurance company will complete standard underwriting procedures before making a decision abt whether to was the op codeed Whe to may ad te led the ac à pricy to the with the ide dang the de time with p
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question

Transcribed Image Text:Abroducer has taken an application for an individual Disablay In
CORRECT about this situation?
ΟΛ
8
OD
Y, CBS & GAS
Since the producer collected a premium when taking the application, the road is
As soon as the insurance company receives the application aren, wil
policy.
The Insurance company will be a policy to the applicant only the tongy te issued the appearty
The insurance company will complete standard underwriting procedures before making a decision abt whether to was the op
codeed Whe
to may ad te led the ac
à pricy to the
with the ide dang the de
time with p
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