What action should a producer take if five questions on a life application were not answered?

The most appropriate action for a producer when five questions on a life insurance application are left unanswered is to set up a meeting with the applicant to address those questions. This ensures that the application is complete and accurate, which is vital for the underwriting process. Unanswered questions can create gaps in the information necessary for assessing risk and making informed decisions related to coverage and premiums.

Meeting with the applicant allows the producer to clarify any uncertainties or concerns the applicant may have regarding the questions. It also fosters a more transparent relationship between the producer and the applicant, enhancing trust and ensuring that the insurance product best meets the applicant's needs.

Additionally, submitting the application without answers or making assumptions could lead to delays in processing or issues down the line if the insurer discovers discrepancies or omissions. Calling the insurer for guidance might not directly address the need for information from the applicant, which is crucial in this situation. Therefore, meeting with the applicant not only aims to complete the application correctly but also supports the overall integrity of the insurance process.