In forming an insurance contract, when does acceptance usually occur? 1. When an insured submits an application 2. When an insurer’s underwriter approves coverage 3. When an insurer delivers the policy 4. When an insurer receives an application

In forming an insurance contract, when does acceptance usually occur?1. When an insured submits an application2. When an insurer’s underwriter approves coverage3. When an insurer delivers the policy4. When an insurer receives an application
 
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