What happens after an application is complete and signed?

• A. Send To Insurer For Underwriting
• B. Issue Policy Immediately
• C. Notify Applicant Of Approval
• D. Return To Applicant For Corrections

Answer: (A)

After an application is complete and signed, the next step is to forward it to the insurer’s underwriting department for evaluation of risk. The underwriter reviews the information, verifies details, may request additional information or medical records, and decides whether the applicant meets the insurer’s standards, what premium applies, and what coverage terms should be offered. This assessment must happen before any policy is issued, so issuing immediately isn’t appropriate. Notifying the applicant of approval only follows the underwriting decision, and returning for corrections usually occurs if something is missing or unclear; with a complete signed application there’s typically nothing to correct at this stage.