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Web in insurance contracts, acceptance typically occurs after the insurer reviews the application and assesses the. Web 2.1.1 offer and acceptance offer and acceptance is completed when a premium payment accompanies the offer made by. When an insurer receives an application b. Web when forming an insurance contract, acceptance is typically considered when all of the conditions precedent have. Web in forming an insurance contract, when does acceptance usually occur? Web acceptance in contract law is when a person agrees to the terms of an offer without any changes. Acceptance is when two parties agree to the terms of a contract.