Which of the following statements regarding life insurance applications is NOT correct?

Insurance

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Which of the following statements regarding life insurance applications is NOT correct?

A) The application must be carefully reviewed by the agent for completeness.

B) Completed applications contain personal information, which must be protected.

C) The application may not be altered without the change being initialed by the applicant.

D) Statements made by the applicant on the application are considered to be warranties.

Answer: Statements made by the applicant on the application are considered to be warranties.

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