Final answer:
An agent must deliver the buyer's guide for a long-term care policy at the time of initial solicitation or before the presentation of an application. The guide offers essential information to help consumers understand and make a decision on long-term care insurance.
Step-by-step explanation:
The Student's question pertains to the timing of the delivery of a buyer's guide when purchasing a long-term care policy. Typically, according to insurance regulations, an agent must present the buyer's guide to prospective policyholders at the time of the initial solicitation. The guide provides crucial information about the features, benefits, and costs of long-term care insurance, helping consumers make an informed decision about their purchase. In some instances, the guide is required to be delivered before the presentation of an application or enrollment form.