Georgia Exam Chapter 2
Producer W filled out an application on client X. Before submitting the
application to the insurer, W notices that there was one question left
unanswered and another one was answered incorrectly based on the
information provided. Since X lives over an hour away from the office, W
should do which of the following? Correct answers Make arrangements to
meet X in-person to obtain the missing information and correct the incorrect
response
Which of the following is required to sign the application for insurance?
Correct answers Producer and the applicant
Information about an applicant's work behavior or character gathered from
neighbors or co-workers would be included on an? Correct answers
Inspection Report
In the event there is a policy issued and there are questions on the
insurance application that went unanswered: Correct answers It will be
assumed that the insurer waived their right to have answers to those
questions
When Harry completed his insurance application, the agent discovered
that he was under treatment for a chronic condition. In order to gather the
necessary information, Harry's agent ordered a/an: Correct answers An
attending physician statement
All of the following statements regarding an insurance application are
correct, except: Correct answers It is not included as part of the contract
The agent's primary underwriting role is: Correct answers To make sure the
application provides the proper information
P has had some health issues over the years and is not confident he will
qualify for standard issue insurance. If P completes an application and
submits it to the insurance company without paying the premium up-front,
coverage will take effect Correct answers When the policy is delivered to P
and the premium is paid
If an application is submitted with a question left unanswered, which of
the following should occur? Correct answers The insurer would require an
answer before issuing a policy
If a premium was not submitted with the application, the producer must
deliver the policy, explain the benefits, and collect the premium. The issued
policy is the Offer and the premium becomes the: Correct answers
Acceptance
Producer W filled out an application on client X. Before submitting the
application to the insurer, W notices that there was one question left
unanswered and another one was answered incorrectly based on the
information provided. Since X lives over an hour away from the office, W
should do which of the following? Correct answers Make arrangements to
meet X in-person to obtain the missing information and correct the incorrect
response
Which of the following is required to sign the application for insurance?
Correct answers Producer and the applicant
Information about an applicant's work behavior or character gathered from
neighbors or co-workers would be included on an? Correct answers
Inspection Report
In the event there is a policy issued and there are questions on the
insurance application that went unanswered: Correct answers It will be
assumed that the insurer waived their right to have answers to those
questions
When Harry completed his insurance application, the agent discovered
that he was under treatment for a chronic condition. In order to gather the
necessary information, Harry's agent ordered a/an: Correct answers An
attending physician statement
All of the following statements regarding an insurance application are
correct, except: Correct answers It is not included as part of the contract
The agent's primary underwriting role is: Correct answers To make sure the
application provides the proper information
P has had some health issues over the years and is not confident he will
qualify for standard issue insurance. If P completes an application and
submits it to the insurance company without paying the premium up-front,
coverage will take effect Correct answers When the policy is delivered to P
and the premium is paid
If an application is submitted with a question left unanswered, which of
the following should occur? Correct answers The insurer would require an
answer before issuing a policy
If a premium was not submitted with the application, the producer must
deliver the policy, explain the benefits, and collect the premium. The issued
policy is the Offer and the premium becomes the: Correct answers
Acceptance
