Question

In which stage of the insurance process does the duty of disclosure begin?

a.

During the claim settlement

b.

At the end of the policy term

c.

At the proposal stage

d.

After a policy is issued

Posted under IC38 Life Insurance Agent Exam

Answer: (c).At the proposal stage Explanation:The duty of disclosure begins at the proposal stage when the proposer is filling out the Proposal Form.

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Q. In which stage of the insurance process does the duty of disclosure begin?
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