When the first premium is not paid at the time of application for health insurance, what must the agent get from the applicant when delivering the policy?
A. A late premium fee
B. The applicant's medical records for the last 5 years
C. The premium and a statement of continued good health
D. Proof the insured has a primary care physician
Answer (2)
When delivering a health insurance policy without prior premium payment, the agent must collect the premium and a statement of continued good health from the applicant. This ensures that the applicant's health status has not changed since their initial application. Thus, option C is the correct answer. ;
When delivering a health insurance policy and the first premium is unpaid, the agent must collect both the premium and a statement of continued good health from the applicant. This ensures that the applicant's health status is still acceptable for insurance coverage. Therefore, option C is the correct answer.
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