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In insurance, an offer is usually made when 1. The insurer approves the application and receives the initial premium. 2. The agent hands the policy to the policyholder. 3. An agent explains a policy to a potential applicant. 4. The application is submitted.

In insurance, an offer is usually made when
1. The insurer approves the application and receives the initial premium.
2. The agent hands the policy to the policyholder.
3. An agent explains a policy to a potential applicant.
4. The application is submitted.

 
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