Colorado Life Producer License Practice Test

When making changes on an insurance application, what is one correct method?

1. Use an eraser to delete the incorrect answer

2. Write the correct answer above the incorrect one

3. Start over with a fresh application

4. Have a witness sign the application

The correct answer is: Start over with a fresh application

Starting over with a fresh application is the correct approach when making changes on an insurance application. This method ensures that all information is clear and legible, minimizing the chances of errors or misinterpretations that may arise from trying to modify the existing application. When applicants attempt to alter their answers directly on the application—whether by using an eraser or writing over the incorrect information—it can lead to confusion regarding the applicant's intent and could potentially cause issues with the integrity of the information provided. Moreover, while having a witness sign the application may sound like a legitimate option for verifying information, it does not resolve the problem of having incorrect answers on the form itself. In insurance practices, maintaining clarity and accuracy is crucial for both the insurer and the insured, making the fresh application method the most efficient and legally sound choice.