Which of the following statements pertaining to a life insurance policy application is CORRECT?

A) If an applicant's age is shown erroneously on a life insurance application as 28 instead of 29, this could result in a premium quote that is higher than it should be.
B) An agent must be very specific when listing an applicant's occupation on an application.
C) The applicant's signature is required on an application, but the agent's signature is not.
D) A submitted application is considered a valid offer even if the premium is not collected."

Answer: B) An agent must be very specific when listing an applicant's occupation on an application.