If a premium was not paid at the time of application and a policy is issued, all the following are responsibilities of the agent/producer, except:

If a premium was not paid at the time of application and a policy is issued, all the following are responsibilities of the agent/producer, except:




A. Hand-deliver the policy to the insured


B. Explain the policy benefits, provisions, riders and exclusions


C. Obtain a signed Statement of Good Health


D. Pay the first premium



Answer: D.

Comments

Popular posts from this blog

Give the von Neumann-Morgenstern utility function.

Life income joint and survivor settlement option guarantees