Which provision ensures that a copy of the application accompanies the policy upon issuance?

Which provision ensures that a copy of the application accompanies the policy upon issuance?

• A. Grace period
• B. Entire Contract
• C. Reinstatement provision
• D. Nonforfeiture clause

Answer: (B)

The Entire Contract clause makes the policy, its riders, and the attached copy of the application one binding contract. Because the application is considered part of the contract, it must accompany the policy when it’s issued so both parties have the same records and the statements on the application are binding. The other provisions—grace period, reinstatement, and nonforfeiture—deal with payment, revival, or benefits, not with ensuring a copy of the application is included with issuance.

The Entire Contract clause makes the policy, its riders, and the attached copy of the application one binding contract. Because the application is considered part of the contract, it must accompany the policy when it’s issued so both parties have the same records and the statements on the application are binding. The other provisions—grace period, reinstatement, and nonforfeiture—deal with payment, revival, or benefits, not with ensuring a copy of the application is included with issuance.