If the premium is not paid at the time of application, a Statement of Good Health MUST be signed by the policyowner at the time of

At the time of application, the policyowner typically provides initial information and may complete a health questionnaire. However, a Statement of Good Health is not required at this stage if the premium is unpaid; it is only necessary upon the delivery of the policy.

During the underwriter review process, the insurance company assesses the risk associated with insuring the applicant based on their health information and other factors. A Statement of Good Health is not signed during this phase; instead, the review is primarily concerned with evaluating the application and determining the appropriate risk classification.

In cases where a medical examination is required, it serves to gather additional health information from the applicant. However, a Statement of Good Health is not signed during the examination itself; it is a separate requirement that must be fulfilled at the time of policy delivery if the premium has not been paid.