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Describe the procedure for taking up an insurance policy

Describe the procedure for taking up an insurance policy.

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william
-Identification of insured.

-Filling in the proposal form.

-Inspection of the subject matter and calculation of premiums.

-Payment of the first premium upon which a binder is issued

-Issuance of the actual policy by the insurer.
steve williams answered the question on January 1, 2018 at 06:25

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