Life · Chapter 7 · The Application
Agent's Report (Part III)
Definition
A CONFIDENTIAL communication between the agent and the insurer giving the agent's personal observations: the applicant's financial condition and character, purpose of the sale, how long the agent has known them.
Exam tip
It's part of the application process, but it's agent → insurer only; the applicant doesn't sign it.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
Related terms