Completing the Application, Underwriting, Delivering Policies, Contract Law
At delivery, a client is confused about a rider and an exclusion. What should the producer do?
Answer and explanation
Answer: C. TDI advises buyers to read the policy carefully and ask the agent or company about anything not understood. Delivery is the appropriate time to explain actual provisions, riders, exclusions, and the right-to-examine period accurately.Source: Texas Department of Insurance — Life Insurance Guide — Shopping for life insurance; read and understand the policy and free-look rights
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