Replacement questions for life insurance.

The following is acceptable:

(1) The application contains a replacement question. This complies with § 81.5(b) (relating to duties of insurers).

(2) If the agent’s replacement question is included in the application, the application does not provide for the use of one replacement question by both the applicant and the agent. This complies with Chapter 81 (relating to replacement of life insurance and annuities).

(3) A reinstatement, conversion, exchange or change application does or does not contain a replacement question.

(4) If the application is for both life or annuity and accident and health coverage, the replacement question is applicable to both coverages. This complies with § 81.5(b) and § 88.101 (relating to application form).