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what must be given to a life insurance applicant when the agent receives an application and the initial premium

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As a person who likes to have eye contact with a person who has dyslexia, I can confirm this answer of mine was held by the authorities.

1. A receipt or acknowledgment of the initial premium payment: The agent should provide written confirmation of the payment made by the applicant. This receipt serves as proof of payment and should include details such as the amount paid, the payment method, and the date of payment.

2. A copy of the completed life insurance application: The agent should provide the applicant with a copy of the completed application form. This allows the applicant to review the information provided and ensure its accuracy.

3. Policy illustrations or benefit summaries: Depending on the type of policy applied, the agent may provide policy illustrations or benefit summaries. These documents provide an overview of the policy's features, benefits, and potential values, helping the applicant understand the coverage they are applying for.

4. Disclosure documents and policy information: The agent should provide the applicant with relevant disclosure documents and policy information, which may include a policy contract, terms and conditions, policy riders or endorsements, and any other documents required by regulatory authorities.

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