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A signed good health statement may be requested by a life producer at the time of

a. policy issue
b. application
c. policy delivery
d. physical examination

User Celene
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1 Answer

2 votes

Final answer:

A signed good health statement is typically requested at the time of policy delivery (option c). This verifies that the policyholder's health status has not changed since the application.

Step-by-step explanation:

A signed good health statement may be requested by a life producer at the time of policy delivery. The good health statement is an assurance from the policyholder that their health condition has not changed since they first applied for the policy.

This request is quite crucial because it helps the insurance company confirm that the risk they agreed to insure has not increased, potentially affecting the terms of the policy. The accurate answer to this question is option c. policy delivery. It's important to note that a health statement could be requested at other times, such as during the initial application or a physical examination.

However, in the context of this specific question, the good health statement is typically requested at the time of policy delivery to ensure all the terms agreed upon are still valid.

When considering health records and insurance, several questions arise that affect policy development:

  1. How can we balance the cost of treatments and diagnoses while maintaining a patient's quality of life?
  2. What measures can be taken to minimize the risks to individual privacy?
  3. How should knowledge of a family's health history affect the policy requirements and premiums?

User Lowerends
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