Insurance Coverage Is Always Effective the Moment an Insurance Broker

question 34

True/False

Insurance coverage is always effective the moment an insurance broker accepts the applicant's first payment toward the premium.

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Definitions:

Primary Appraisal

The initial evaluation process of assessing the significance of an event as stressful, positive, controllable, or irrelevant.

Coping Behaviors

Strategies or mechanisms that individuals use to manage stress or difficult situations.

Stimuli

External events or occurrences that evoke a reaction or response in organisms or systems.

Emotion-focused Coping

A strategy aimed at managing the emotions associated with stressful situations, rather than confronting the problems directly.