Purpose of obtaining signatures

• A. To authorize the application and confirm consent to terms and delivery.
• B. To collect payment.
• C. To evaluate medical information only.
• D. To schedule a follow-up interview.

Answer: (A)

Signing is about the applicant giving consent and binding agreement to the insurance contract. A signature confirms that the applicant understands and accepts the terms of the application, approves the information provided, and authorizes the insurer to proceed with underwriting and to deliver the policy if issued. This signed consent protects both parties by creating a legally enforceable contract and enabling the policy documents to be delivered. While payment, medical information authorization, or scheduling may be involved in the process, the primary purpose of obtaining signatures is to authorize the application and consent to the terms and delivery.