Question 3025 of 287 · Texas Life, Accident and Health Agent Exam
Coverage under a life insurance policy normally begins
Exactly one answer is correct.
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Correct answer to question 3025
- D: on delivery of the policy and payment of the first premium, unless a receipt provides earlier coverage
Explanation
Delivery with payment of the initial premium completes the contract in the absence of a receipt. Agents should also confirm the insured's health has not changed since the application.
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