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Q3. Write the five (5) steps to take out insurance policies. (5 marks)

Step 1.

Step 2.

Step 3.

Step 4.

Step 5.

Sagot :

GinnyAnsweridn

Final answer:

The 5 steps to take out insurance policies involve determining needs, comparing options, filling out an application, reviewing terms, and making the payment.


Explanation:

5 Steps to Take Out Insurance Policies:

  1. Step 1: Determine your insurance needs and research available policies.
  2. Step 2: Compare coverage, premiums, and deductibles across different insurance providers.
  3. Step 3: Fill out an application with accurate information.
  4. Step 4: Review the policy terms and conditions carefully before signing.
  5. Step 5: Make the initial payment and keep records of all policy documents.

Learn more about Insurance Policies here:

https://brainly.com/question/46738125


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