Multiple choice technology

Cover Note is

  1. the name given to the document that is issued as acceptance of a Quotation

  2. the name given to the document that is issued as acceptance of Reinsurance

  3. the name given to the document that is issued as acceptance of New Business

  4. the name given to the document that is issued as acceptance of Cancellation

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cover Note is the document issued as acceptance of Reinsurance. Option A refers to quotation acceptance, option C to new business acceptance, and option D to cancellation acceptance.