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At what point must an outline of coverage be delivered quizlet?In a long-term care policy transaction an Outline of Coverage must be delivered to an applicant on the initial solicitation and prior to the presentation of the application form.
When must an insurance company present an outline of coverage to an applicant for a Medicare supplement policy quizlet?Except for direct response policies, a Medicare supplement policy outline of coverage must be delivered at the time of application. You just studied 43 terms!
What is the purpose of the outline of coverage?PURPOSE OF OUTLINE OF COVERAGE. This outline of coverage provides a very brief description of the important features of the policy. You should compare this outline of coverage to outlines of coverage for other policies available to you. This is not an insurance contract, but only a summary of coverage.
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