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When an Insurance Form Has Been Completed and Is Ready

question 29

Multiple Choice

When an insurance form has been completed and is ready to be submitted to the insurance company, where should a record be made?


Definitions:

Forgery

The act of fraudulently making, altering, or falsifying a document or other object with the intent to deceive or defraud.

Real Defense

Legal defenses that can be used to invalidate a claim in a contract or to nullify the contract itself.

Holder In Due Course

A party that acquires a negotiable instrument in good faith and for value, and is thus protected from many defenses that could be raised against the original payee.

Consumer Credit Contract

A legal agreement between a borrower and a lender where the lender provides the borrower with credit for personal, family, or household purposes.

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