Question

D the agent met with a prospect and ended up selling an insurance policy. While filling out the

insurance application, D makes a mistake. In this situation, D MUST
O correct the information with no further action from prospect necessary
O receive a verbal acknowledgement from prospect of the mistake made
O request that the insurer issue the policy with a rating
O correct the information and have the prospect initial the change

Answer 1

In this situation, the agent must correct the information and have the prospect initial the change.

Step-by-step explanation:

In this situation, the agent D must correct the information and have the prospect initial the change.

The mistake made by D in the insurance application needs to be corrected to ensure that the policy is accurate and valid. By having the prospect initial the change, it serves as a confirmation that the correction was made with their consent and knowledge. This is important to prevent any disputes or misunderstandings in the future regarding the accuracy of the application.

Learn more about Correcting mistakes in filling out an insurance application