Which term refers to the document that states the date the contract was received and requires the insured to sign?

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Multiple Choice

Which term refers to the document that states the date the contract was received and requires the insured to sign?

Explanation:
Delivery receipts document when the policy was delivered and require the insured’s signature to confirm delivery. This shows the date the contract was received and that the insured acknowledged it, which is why this term is the best fit. The other terms don’t fit: mode refers to the method of delivery, cash on delivery is a payment term, and accumulate isn’t a standard term related to policy delivery.

Delivery receipts document when the policy was delivered and require the insured’s signature to confirm delivery. This shows the date the contract was received and that the insured acknowledged it, which is why this term is the best fit. The other terms don’t fit: mode refers to the method of delivery, cash on delivery is a payment term, and accumulate isn’t a standard term related to policy delivery.

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