Tennessee Insurance Practice Exam

Which of the following is NOT a typical action taken by a life insurance agent during the application process?

1. Collecting an initial premium

2. Monitor the applicant's health status

3. Submitting the application to the insurer

4. Completing the application with the customer

The correct answer is: Monitor the applicant's health status

During the application process for life insurance, agents typically engage in various actions that directly facilitate the submission and processing of the application. Collecting an initial premium, submitting the application to the insurer, and completing the application with the customer are standard responsibilities that agents perform to ensure the application is completed accurately and processed quickly. However, monitoring the applicant's health status is not a typical action taken by an agent. While agents may collect basic health information and inquire about the applicant's medical history, ongoing monitoring of health status is usually beyond their role. This responsibility often falls to medical professionals or underwriters who analyze health data at a more detailed and continuous level when evaluating the application. Therefore, the correct answer highlights that monitoring an applicant's health status is typically not part of the agent's duties during the application process.