Forms Flashcards
Requires producers to obtain signed del6 receipts as proof of delivery7
Delivery receipt
Comparison form required by various state regulatory
Agencies to be given to every policyowner
Disclosure form
Comparison form required by various state regulatory
Agencies to be given
Disclosure form
Pro rated amount of paid in advance premiums allocated
To the portion of the policy term that has already elasped
Earned premium
Identify when coverage is actually in force and it’s
establishes the date by which the policyowner must
Pay future annual premiums
Effective date
Statement or proof regarding a person current health
Status and history that qualify him for coverage
Evidence of INSURABILITY
Factors the insurer operating expenses into the premium expenses
Expense factor
Federal law passed in 1970 that provides an insurer with the right to
Receive add6 info about insurance applicants
Fair credit reporting act