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When determining the suitability of a life insurance policy or annuity contract, the agent must consider all of the following, EXCEPT:

A. The income of the customer.
B. The customer's existing in-force insurance.
C. The customer's circumstances.
D. The commissions payable on such policy or contract.



Answer :

GinnyAnswer

Final answer:

Agents evaluating life insurance policies must consider customer's income, existing insurance, and circumstances but not commissions.


Explanation:

When determining the suitability of a life insurance policy or annuity contract, the agent must consider various factors. The agent should assess the customer's income, existing in-force insurance, and circumstances to make an informed recommendation. However, commissions payable on such policy or contract would not be a factor to consider when evaluating the suitability of the policy or contract.


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