In insurance terminology, who typically makes the "offer"?

In insurance terminology, the concept of making an "offer" typically refers to the process where the insured submits an application for insurance coverage. When a potential insured fills out an application, they are expressing their interest in obtaining insurance and providing relevant information about themselves or the property they wish to insure. This submission serves as a formal proposal to the insurer to enter into a contract of insurance.

Once the application is submitted, the insurer reviews it and has the ability to accept or reject the offer, which aligns with the principles of contract formation in insurance. This process establishes the insured’s intention to enter into a binding agreement, assuming the insurer accepts the terms and conditions outlined in the application and issues a policy.

Other choices describe various roles in the insurance process, but they do not embody the function of making the initial offer in the contract formation context. For instance, issuing a policy declaration is the insurer's acceptance of an offer rather than the offer itself. Collecting premiums is part of the transactional relationship post-policy issuance, and requesting a quote does not constitute an offer but rather an inquiry about potential coverage and pricing.