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Business, 21.01.2020 21:31 Kjswagout40081

On aug. 6, d submitted an application for a $50,000 life insurance policy and did not pay the initial premium. on aug. 18, d went to his doctor complaining of chest pains and some tests were given by the doctor. the life policy was delivered by the producer on aug. 20 and d explains what had recently taken place with the doctor. what action should the producer then take? a- collect initial premiumb- collect initial premium along with a signed health statementc- explain to the applicant the policy is no longer in effect due to change in health conditiond- collect initial premium and leave a binding receipt

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On aug. 6, d submitted an application for a $50,000 life insurance policy and did not pay the initia...
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