When is the insurability conditional receipt given?

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When is the insurability conditional receipt given?

A. After the application has been approved and the premium has been paid
B. When the insured individual needs to obtain an insurability receipt for tax purposes
C. If the application is approved before the premium is paid
D. When the premium is paid at the time of application

Answer: D. When the premium is paid at the time of application

Accident and Health Insurance Basics

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