Final answer:
The subject of this question is Insurance. The next step after issuing a conditional receipt is to determine if the applicant is an acceptable risk by completing standard underwriting procedures.
Step-by-step explanation:
The subject of this question is Insurance.
The next step the insurance company will take after issuing a conditional receipt is to determine if the applicant is an acceptable risk by completing standard underwriting procedures. Underwriting refers to the process of evaluating the applicant's risk profile, including their medical history, occupation, and lifestyle, to assess the likelihood of future claims.
This is an important step for the insurance company to ensure that they are providing coverage to individuals who meet their risk criteria and will be financially sustainable for the company.