When Sue bought a new car, she stopped by the insurance company and completed an application and made a payment. The agent accepted the offer orally. If Sue has an accident on the way home, she is covered by the new policy.
Correct Answer:
Verified
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Q12: A person always has an insurable interest
Q16: Life insurance is really liability insurance.
Q20: Bonnie's insurance policy allows her to adjust
Q21: An insurance contract is not valid unless
Q22: An insurance policy must meet all the
Q28: Which of the following insurance policies continues
Q32: The cheapest life insurance option is
A)straight life
Q35: A short document acknowledging receipt of an
Q38: Traditional health insurance plans are
A)managed care plans.
B)value-based
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