Which document provides evidence of an applicant’s insurability when an insurance policy is issued?

The document that provides evidence of an applicant’s insurability when an insurance policy is issued is the good health statement. This statement is typically a declaration or affirmation by the applicant regarding their health status at the time of applying for the insurance policy. It serves a critical role in the underwriting process, as it helps the insurer assess the risk associated with insuring the individual.

When an applicant submits a good health statement, they confirm that they do not have any significant health issues or changes since their initial application. This affirmation is essential because it forms part of the evidence that the insurer uses to determine the coverage options and premiums. If health status were to change after this statement, it could potentially affect the validity of the issued policy.

While the policy document is important as it outlines the insurance coverage terms, it does not provide evidence of the applicant's insurability itself. The application details contain vital information but may not specifically address the current health status as succinctly as a good health statement does. The agent's report provides insights and observations from the agent who took the application, but it also does not serve as direct evidence of insurability. Therefore, the good health statement stands out as the key document that confirms the applicant's insurability at the