Final answer:
Dependent binding receipt provides insured coverage without conditions.
Explanation:
Dependent binding receipt would provide the insured coverage without any conditions. It offers immediate coverage to the insured person until the application is either accepted or declined.
On the other hand, an approval receipt, conditional receipt, and unconditional receipt all come with certain conditions that may affect the coverage provided.
Learn more about Insurance policies here:
https://brainly.com/question/46738125
