Which provision states that a copy of the application must be attached to the policy when issued?

• A. Grace period
• B. Entire Contract
• C. Nonforfeiture clause
• D. Reinstatement provision

Answer: (B)

The key idea here is that the Entire Contract clause makes the policy and the application the whole agreement between the insurer and the insured. This provision states that the policy, any riders, and the copy of the application attached when the policy is issued constitute the entire contract. Because of that, a copy of the application must be attached to the policy at issue. Attaching the application ensures that the information used to underwrite and the statements made by the applicant are part of the contract and binding, preventing later disputes based on information not included in the contract. The other options address different topics: the grace period covers late premium payments, the nonforfeiture clause deals with cash value and lapsed policies, and the reinstatement provision covers restoring a lapsed policy. None of those require attaching the application.