At what time may a signed good health statement be requested by a life producer?

A signed good health statement is typically requested at the policy delivery stage. This statement serves as confirmation that the insured is still in good health as of the time they are receiving the policy. The reason for requesting this statement at policy delivery is to ensure that there have not been any significant changes in the health status of the applicant that could affect their insurability since the time of application.

At the initial consultation, the focus is generally on discussing coverage options and gathering information rather than confirming the applicant's health condition at the time of policy issuance. During the underwriting process, the insurer evaluates the applicant's health based on information provided in the application and any additional medical records or assessments, rather than requiring a signed statement at that point. Lastly, when issuing a premium refund, there is no relevant need to confirm the applicant's health status, as the refund situation is unrelated to the initial health assessment made at application or policy delivery.

Therefore, the correct timing for requesting a signed good health statement is during policy delivery, ensuring that the insurer has the most current health information before finalizing the coverage.