What must agents provide to applicants for Medicare Supplement policies?

When dealing with Medicare Supplement policies, agents are required to provide a suitability form to applicants. This form is important because it ensures that potential policyholders understand the coverage options available to them and can make informed decisions based on their individual health care needs and financial situations. The suitability form helps assess whether the selected policy aligns with the applicant's health requirements and financial objectives, thereby promoting responsible insurance practices and protecting consumers.

While other options may seem relevant in different contexts of insurance, the suitability form specifically pertains to evaluating Medicare Supplement policies and ensuring that applicants are matched with policies that best serve their health needs. This requirement is part of broader efforts to safeguard consumers against inappropriate or unsuitable insurance products, particularly in the complex landscape surrounding Medicare.