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Insurance
?
Legally, the policy is considered delivered in all of the following situations except:
When the policy is approved by the company
When the policy is mailed to the policyowner
When the policy is turned over to the policyowner
When the policy is turned over to someone acting on behalf of the policyowner
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
A is correct. Underwriting approval does not constitute delivery.
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