Connecticut Life Producer Practice exam

What types of information are included in Part 1 of a life insurance application?

1. Medical history and current prescriptions

2. General applicant details like name and age

3. Policy options and benefits

4. Agent commission structure

The correct answer is: General applicant details like name and age

Part 1 of a life insurance application primarily focuses on collecting general information about the applicant. This typically includes essential details such as the applicant's name, age, address, gender, and sometimes job information and contact details. This foundational data is crucial for the insurer to identify the individual, assess eligibility, and determine the appropriate risk categories for underwriting purposes. The general applicant details provide the necessary context for the subsequent stages of the application process, including risk assessment and policy premium calculations. This section sets the stage for the insurer to analyze the additional information provided in later parts of the application, such as medical history, which would typically appear in Part 2. Understanding this layout helps applicants and agents move smoothly through the application process.