A[n] is an agreement between an applicant and an insurance company that gives temporary insurance until the company decides to accept or reject the insurance application.

Question

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A)A binder is an agreement that gives temporary insurance until the company
decides to accept or reject the insurance application.
B)A binder is an agreement that gives temporary insurance until the company decides to accept or reject the insurance application.
C)A binder is an agreement that gives temporary insurance until the company decides to accept or reject the insurance application.
D)A binder is an agreement that gives temporary insurance until the company decides to accept or reject the insurance application.
E)A binder is an agreement that gives temporary insurance until the company decides to accept or reject the insurance application.

A[n] Is an Agreement Between an Applicant and an Insurance