Chapter 3 quiz

No

Is a beneficiary considered a party on an application

Medical info

Which part of the insurance application would contain info regarding the cause of death of the applicant’s deceased relatives

When the application is signed and a check is given to the agent

When is the earliest a policy may go into effect

It is intended to provide coverage on a date prior to the policy issue

What is the purpose of a conditional receipt

Benefits would be paid as if the policy was issued

If an applicant is issued temporary insurance prior to the approval of an application, how would the policy pay in the event the applicant dies

No

Is education identified in the General Info section of an application