Upon policy delivery, which of the following must a producer have an applicant sign if no initial premium was collected with the life insurance application?

• A. A medical examination
• B. A premium receipt
• C. A good health statement
• D. A beneficiary designation form

Answer: (C)

The key idea is that when a life policy is delivered and no initial premium is collected, the producer must obtain a Statement of Good Health from the applicant. This signed statement confirms that the applicant’s health status remains as stated on the application and that there have been no changes that would affect underwriting, ensuring the policy remains properly classified for risk. A medical examination is part of underwriting and is typically completed earlier in the process, not something required at delivery. A premium receipt is issued only if a premium is paid at delivery, which isn’t the case here. A beneficiary designation form isn’t a mandatory piece of delivery documentation solely due to the absence of an initial premium.