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O-LevelCommerceInsurance7100/12 · May/June 2014 · Q301 Mark

What is the contract between the insurance company and the insured called?

Athe policy
Bthe proposal
Cthe prospectus
Dthe quotation

✓ Correct answer

A: the policy

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2014 Paper 1 Variant 2, question 30.

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