When submitting an insurance application to the company, which of the following actions is NOT required?

Submitting a completed medical information report is not a required action when submitting an insurance application. While medical information may be necessary for certain types of insurance coverage or for applicants with specific health concerns, the collection of a completed medical information report is typically a step that occurs after the initial application is submitted. Insurers often conduct a review of the application first and then determine if a medical examination or report is needed.

In contrast, submitting the initial premium ensures that the application process can move forward, as underwriting often requires payment to activate the policy. It is also standard to have any changes made to the application initialed by the applicant to confirm that they agree with the adjustments. Additionally, completing the producer's report is a normal procedure within the application process, as it provides the insurer with context about the application and the applicant, including insights from the producer regarding the applicant's situation. Thus, the medical information report, while potentially important, is not a mandatory part of the initial submission of the application.