AD Banker Comprehensive Practice Exam

An insurer's underwriter can find information about an applicant's moral character and hobbies through a:

1. Medical Examination

2. Consumer Investigative Report

3. Agent's Report

4. Attending Physician Statement

The correct answer is: Consumer Investigative Report

The correct choice, which identifies how an underwriter can gather information about an applicant's moral character and hobbies, is a consumer investigative report. This type of report provides detailed insights into an individual’s background, including personal habits, character, and lifestyle. It compiles information from various sources, including interviews with neighbors, friends, and family, which can provide a more comprehensive view of the applicant's conduct and activities. In contrast, a medical examination is primarily focused on an applicant's health status and medical history, making it less relevant for assessing moral character or hobbies. An agent’s report contains insights from the insurance agent based on their interactions with the applicant but typically does not delve deeply into personal character or lifestyle specifics to the extent a consumer investigative report would. The attending physician statement, on the other hand, specifically documents medical conditions and treatments but does not cover aspects of moral character or personal interests, aligning its purpose more with health assessments rather than character evaluation.