holguinaaron099 holguinaaron099

20-06-2024
Business

Answered

In the replacement of life insurance policies, who must sign the Notice Regarding Replacement?

A. Both the applicant and the producer
B. Only the applicant
C. Only the replacing producer
D. The replacing producer and the original producer

Answer :

GinnyAnswer GinnyAnswer

20-06-2024

Final answer:

Both the applicant and the producer must sign the Notice Regarding Replacement in life insurance policy replacements.

Explanation:

Both the applicant and the producer must sign the Notice Regarding Replacement in replacement of life insurance policies. This document is crucial in acknowledging that a new policy will replace an existing one.

Learn more about Life Insurance Policy Replacements here:

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