Question 9013 of 324 · Texas Life, Accident and Health Agent Exam
When an agent takes an application for a life insurance policy, the agent must submit to the insurer a statement, signed by the applicant and the agent, that says
Exactly one answer is correct.
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Correct answer to question 9013
- A: whether the applicant has existing policies or contracts
Explanation
This statement is the first step of the replacement rules in Chapter 1114. If the applicant has existing policies or contracts, the agent must also present and read a notice regarding replacements.
More questions: Accident and Health: Field Underwriting Procedures
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- 9018Before a Texas agent leaves the application with an applicant who must obtain a medical exam, the agent should explain
- 9019An agent gives the applicant a written health application summary stating that no coverage exists until the policy is delivered, unless a receipt says otherwise. This statement helps avoid