AD Banker Life Insurance Practice Exam

Delivering a policy legally requires a method that ensures the applicant receives the document in a secure and verifiable manner. Personal delivery with a signed receipt or using registered/certified mail provides a clear record of the delivery, which protects both the insurer and the policyholder. This method confirms that the policy has been received by the intended recipient, maintaining accountability and transparency in the transaction. Moreover, using certified mail adds a layer of assurance, as it requires a signature upon delivery, ensuring that the policy is received by the intended party.

Using methods such as email, phone calls, or SMS lacks this essential verification component. While these methods can provide quick communication, they do not offer the same legal validity or documentation as requiring a physical signature, which is crucial for confirming acceptance of the terms of the policy. Thus, personal delivery with a signed receipt or reliable mailing options stands out as the most legally compliant method for policy delivery.