Insurance

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If a policy includes a free-look period of at least 10 days, the Buyer's Guide may be delivered to the applicant no later than A. Prior the filling out an application for insurance B. With the policy C. Upon issuance of the policy D. Within 30 days after the first premium payment was collected

B. With the policy

Insurance is a contract by which one seeks to protect another from A. Exposure B. Uncertainty C. Hazards D. Loss

D.loss

What is a material misrepresentation? A. Any misstatement made by an applicant for insurance B. Any misstatement made by the producer C. Concealment D. A statement by the applicant that, upon discovery, would affect the underwriting decision of the insurance company

D. A statement by the applicant that, upon discovery, would affect the underwriting decision of the insurance company


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