In insurance contracts, when is the offer usually made?

In the context of insurance contracts, the offer is typically considered to be made when the insurance application is submitted. This is because the submission of the application signifies the applicant's intention to enter into a contract with the insurance company, outlining the terms under which insurance coverage is requested. It acts as an offer to the insurer to proceed with underwriting and issuing a policy based on the provided information.

At this point, the insurer has the opportunity to review the application and decide whether to accept or reject the offer, or to modify its terms, leading to the eventual formation of the insurance contract. This stage is critical as it initiates the process of risk assessment and pricing by the insurer, which ultimately influences the terms of the policy that may be issued.

In contrast, the negotiation phase involves discussions and modifications before any formal application is presented. The delivery of the insurance policy is when the contract is finalized and executed, occurring after an offer has been accepted. Claim filing is a subsequent step in the insurance process that occurs after a policy has been established and would not be related to the initial offer stage.