which of the following correctly explains the actions an agent should take if a customer wants to apply for an insurance policy

Respuesta :

The action taken by the agent for the customer who wants to apply for the insurance policy should be to complete the application and review the information with the customer prior to obtaining the customer's signature, then send the application off to the insurance company.

What is a Insurance Policy?

  • The insurance firm (the insurer) and the person(s), company, or other entity being covered have a legal agreement called an insurance policy (the insured).
  • By reading your policy, you can make sure that it addresses your needs and that both you and the insurance provider are aware of your obligations in the event of a loss.
  • Many insureds obtain a policy without fully comprehending what is covered, what is excluded from coverage, and what requirements must be satisfied before compensation will kick in in the event of a loss.
  • The SCDOI wants to remind customers that thoroughly reading and comprehending your policy will help you steer clear of issues and disputes with your insurance provider in the case of a loss.

The insurance agreement outlines the main commitments made by the insurance provider and details the coverage.

Therefore, The action taken by the agent should be to complete the application and review the information with the customer prior to obtaining the customer's signature, then send the application off to the insurance company.

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