Are you looking for the correct answer to the question “In an insurance contract, the applicant’s “consideration” is the”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
In an insurance contract, the applicant’s “consideration” is the
Options
A) offer and acceptance
B) premium only
C) statements made in the application and the premium
D) statements made in the application only
Answer: C) statements made in the application and the premium
The above question In an insurance contract, the applicant’s “consideration” is the, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.