Can a producer change an application after it has been signed by the applicant?

Prepare for the Texas Life Agent Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready for your career as a licensed life insurance agent in Texas!

The correct course of action when a producer wants to change an application after it has been signed by the applicant is to have the applicant initial the change. This requirement ensures that the applicant is aware of the modifications and agrees to them, maintaining transparency and protecting the interests of both the applicant and the producer. It also helps to prevent any misunderstandings or disputes regarding the changes made to the application.

Having the applicant initial the changes serves as a clear confirmation that they accept the modifications, thus making the process sound from both a legal and ethical standpoint. This practice not only builds trust between the applicant and the producer but also aligns with regulatory requirements that safeguard the integrity of the application process.

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