Question

What is the primary purpose of the Proposal Form in the insurance documentation process?

a.

To collect premium payments

b.

To provide a copy of the policy terms

c.

To inform the insurer about the details of the proposed insurance

d.

To initiate the claims process

Answer: (c).To inform the insurer about the details of the proposed insurance Explanation:The primary purpose of the Proposal Form is to inform the insurer about the details of the proposed insurance, including information about the proposer and the subject matter of insurance.

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Q. What is the primary purpose of the Proposal Form in the insurance documentation process?

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