CII M05 Practice Questions - Insurance Law (M05) Exam

Under the rule in Adams v Lindsell (the postal acceptance rule), when is an acceptance by post legally effective?

When the letter of acceptance is actually received by the offeror. As soon as the letter of acceptance is properly stamped, addressed, and posted. When the letter is opened and read by the underwriter. Only after the insurer delivers the formal policy document.

Correct Answer:

As soon as the letter of acceptance is properly stamped, addressed, and posted.

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