When Does an Insurer's Contractual Obligations to the Insured Commence

question 4

Multiple Choice

When does an insurer's contractual obligations to the insured commence?

• A)When the insurance contract is drafted.
• B)When the insurance application is dispatched.
• C)When the insured receives the insurance application.
• D)When the insurer accepts the insurance contract.

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Definitions:

Eighteenth-Century America

A historical period in the United States characterized by colonial expansion, political upheaval leading to the American Revolution, and the early years of nationhood.

Poverty

A condition where individuals or groups lack the financial resources to meet a standard of living that includes basic life necessities.

Anglo-American Culture

The shared cultural heritage and social norms derived primarily from the historical, linguistic, and political ties between Britain and the United States.