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Sagot :
A telephone saleswoman arranges a sequence of interviews of potential customers in order to sell them an insurance policy. her success rate in completing a sale in any interview is 89%
What is insurance policy?
The insurance policy is a contract between the insurer and the policyholder that specifies the claims that the insurer is legally obligated to pay. The insurer offers to pay for loss caused by risks covered by the policy language in exchange for an initial payment known as the premium.
Policy issuance is the process of producing and delivering an insurance policy to the policyholder. Within 24 months of the policy's inception, the policyholder must be allowed to change to regular whole life insurance. Coverage was revoked because the risks of lead paint were not disclosed at the time of insurance issue.
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