To take an insurance policy, an applicant must first complete a/an

Assessment: WAEC SSCE - Commerce - 2013 (Objective) Subject: Commerce

Question 1 Report

To take an insurance policy, an applicant must first complete a/an

Answer Details
When an individual decides to take an insurance policy, they must first complete a proposal form. This is a document that contains information about the individual and the risk they want to insure against. The proposal form is used by the insurance company to assess the risk and determine the premium to be paid by the applicant. The information provided in the proposal form is used by the insurance company to determine the terms and conditions of the insurance policy. It is important for the applicant to provide accurate and truthful information in the proposal form to avoid any issues in the future.

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