Which of he following stalements about policy delivery is CORRECT? A.The producer should deliver lhe policy before lhe Free Look period expires B.The producer should deliver he policy in person and advise the insured to call the insurance company's home office if here are any questions. C.The producer should mail the policy to the insured to reduce the chance that the insured will reconsider and return the policy. D.The producer should explain the alicy to the insured to increase lhe chance that the insured will understand the policy's benefits and keep it.
Which of he following stalements about policy delivery is CORRECT? A.The producer should deliver lhe policy before lhe Free Look period expires B.The producer should deliver he policy in person and advise the insured to call the insurance company's home office if here are any questions. C.The producer should mail the policy to the insured to reduce the chance that the insured will reconsider and return the policy. D.The producer should explain the alicy to the insured to increase lhe chance that the insured will understand the policy's benefits and keep it.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Which of he following stalements about policy delivery is CORRECT?
A.The producer should deliver lhe policy before lhe Free Look period expires
B.The producer should deliver he policy in person and advise the insured to call the insurance company's home office if here are any questions.
C.The producer should mail the policy to the insured to reduce the chance that the insured will reconsider and return the policy.
D.The producer should explain the alicy to the insured to increase lhe chance that the insured will understand the policy's benefits and keep it.
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