A[n] ______ Is an Agreement Between an Applicant and an Insurance

question 40

Multiple Choice

A[n] ______ is an agreement between an applicant and an insurance company that gives temporary insurance until the company decides to accept or reject the insurance application.

• A) Application
• B) Binder
• C) Notarization
• D) Approval
• E) Anticipatory agreement

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Definitions:

Report

A document or presentation that summarises data or findings, often used in academic, professional, or business contexts.

Data

Facts, statistics, or items of information that are often collected through observation or research for analysis and decision-making.

Merge

The action of combining two or more sets of data, documents, images, or files into one cohesive unit.

Columns

Vertical divisions of a structure that display information or support elements in architecture or data tables.