When a producer submits an insurance application, what action is NOT required?

When a producer submits an insurance application, submitting a completed medical information report is not typically required as a standard action in every case. Medical information reports are usually only necessary when the insurance company deems it essential based on the applicant's situation, particularly for certain types of coverage or for applicants of a certain age or health status.

In contrast, submitting the application fee, obtaining the applicant's signature, and providing any additional documents requested by the insurer are standard practices. The application fee is often a prerequisite for the processing of the insurance application. The applicant's signature is crucial as it signifies their consent and acknowledgment of the information provided in the application. Similarly, any additional documents requested by the insurer play a key role in underwriting decisions and are necessary for ensuring that the insurer has all the relevant information to assess the risk accurately. Thus, the requirement for medical information reports is conditional, while the other actions mentioned are generally mandatory for the submission of an insurance application.