What do insurers typically require before issuing a TIA?

Insurers typically require a completed application and initial premium payment before issuing a Temporary Insurance Agreement (TIA). The completed application includes crucial information about the applicant, such as personal details, health history, and the coverage being applied for. This information allows the insurer to assess the risk associated with providing coverage.

The initial premium payment is also essential as it demonstrates the applicant's commitment to the insurance process and helps establish the validity of the agreement. This combination of a completed application and an initial premium payment allows the insurer to start coverage provision while the application is under review and provides a temporary insurance period before the policy is officially issued.

The other options suggest requirements that are either not standard for a TIA or go beyond what is typically necessary at this stage. Verbal declarations or a medical exam alone would be insufficient without the application, and a co-signer is not a common requirement for personal insurance agreements. Hence, the requirement for a completed application and initial premium payment is the appropriate and standard procedure for initiating the insurance process.