L&HMAmedium
When taking a replacement application in Massachusetts, what list must the producer obtain from the applicant under 211 CMR 34.00?
AA list of the applicant's mortgages and credit accounts
BA list of every employer the applicant has had in the past 10 years
A list of all existing life insurance and annuity contracts that may be affected by the transaction
DA list of the applicant's prior health insurance claims
Why this is the answer
211 CMR 34.00 requires the producer to obtain from the applicant a written list of every existing life insurance and annuity contract that may be replaced or otherwise affected, which then drives notice to each named existing insurer.
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