What must an applicant sign to enable the release of the Attending Physician's Statement (APS)?

To enable the release of the Attending Physician's Statement (APS), an applicant must sign a written release. This written release is a formal authorization that permits the physician to share medical information with the insurance company, which is crucial for underwriting the life insurance policy. The insurance company needs this information to evaluate the applicant's health status accurately and assess the risk associated with providing coverage.

A simple verbal agreement or oral consent does not provide sufficient legal standing for the physician to disclose sensitive medical information, as privacy laws require explicit written consent. Other options, such as a financial agreement or policy acceptance, do not specifically address the need for authorization related to the release of medical records. Thus, the signed written release is essential for compliance with legal requirements and ensuring that the applicant's rights are upheld during the application process.