Question

Which one of the following provides the underwriter with general information about the applicant?

a) Medical history report
b) Motor vehicle report
c) Inspection report
d) Credit report

Answer 1

A credit report provides the underwriter with general information about the applicant's financial background and creditworthiness.

Step-by-step explanation:

The answer is d) Credit report.

A credit report provides the underwriter with general information about the applicant's financial background and creditworthiness. It contains information such as the individual's credit score, outstanding debts, payment history, and any delinquencies or bankruptcies. This information helps the underwriter assess the applicant's risk level and determine their eligibility for insurance or a loan.