Delivering the policy

Question 1

once your application has been approved, you’ve signed your policy and made your first premium. Premiums are typically paid monthly or annually

Answer 1

When coverage begins

Question 2

A producer must explain policy provisions, exclusion, and riders at the time of delivery, as well as the rating procedures, especially if the policy is rated differently than applied for.

Answer 2

. Explaining the policy and its provisions, riders,
exclusions, and ratings to the client