Who is NOT required to sign a life insurance application?

In the context of a life insurance application, the beneficiary is not required to sign the application. The primary parties involved in the application process typically include the applicant, who is the individual seeking the insurance coverage, and the insurer, which encompasses individuals like the insurer's president or authorized representatives who may sign for the insurance company to finalize the process. A witness may also be needed in some cases to verify the signature of the applicant.

The beneficiary, on the other hand, is the individual designated to receive the death benefit from the policy upon the death of the insured, but they do not have any role in the application process itself. Their signature is not legally necessary for the formation of the insurance contract, as the beneficiary's rights to the policy’s benefits activate only after the policy is issued and upon the death of the insured. This distinction is key in understanding the roles of each party involved in a life insurance application.