Question

Tara the producer is delivering a specified disease insurance policy to a new policyowner. Upon delivery, she may be expected to collect all of the following EXCEPT a(n):
(A) initial premium
(B) signed impairment rider acknowledgement
(C) modified application with a new signature
(D) good health statement

Answer 1

Answer:

(C) modified application with a new signature

Explanation:

According to my research on Insurance Policy Requirements, I can say that based on the information provided within the question she may be expected to collect all of the following except a modified application with a new signature. This may be either because the person who needs to sign may need time to review the contract and make a decision whether they want to sign or not. It can also be that the old policy expiry date has not yet come and is still in effect, in this case the client has until the old policy expires to sign or not.

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