8: When the policy premium wasn't submitted with the application, what should the agent obtain from the insured upon policy delivery?
A A conditional contract
B A unilateral contract
C A statement of good health
D A medical report
In many cases, the initial premium is not paid until the policy is delivered. Most insurance companies require that when the agent collects the premium, he or she must also obtain a statement signed by the insured testifying to the continued good health.