The First Step in Creating an Insurance Contract Is

question 168

Multiple Choice

The first step in creating an insurance contract is

• A)underwriting.
• B)determining a premium.
• C)completing an application.
• D)issuing the policy.

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Definitions:

Stereotyped

Overly simplified and generalized beliefs or perceptions about a group or category of people, ignoring individual differences.

Eventually Marry

The future act of entering into a legal and social union with a partner, typically recognized by law and/or cultural practice.

Few

A small number of items or individuals, not specifying an exact amount but indicating a quantity that is not large.

Early Maturation

Refers to individuals, especially adolescents, who experience physical and sexual development sooner than their peers.