An application for health insurance requires the signature of:

The correct answer specifies that both the proposed insured and the producer need to sign the application for health insurance. This requirement is essential for several reasons.

First, having the signature of the proposed insured is crucial because it indicates that they acknowledge and agree to the information provided in the application. This ensures that the applicant is aware of and responsible for the declarations made during the application process.

Second, the signature of the producer, or insurance agent, is also required. This serves multiple purposes: it signifies that the agent has reviewed the application with the proposed insured, ensuring that all the information is accurately represented and understood. Additionally, it provides a layer of accountability, as the agent is responsible for facilitating the application process and ensuring compliance with insurance regulations.

In summary, the combined signatures of both parties help to establish transparency and validate the application, which is vital for the integrity of the insurance process.