Mark has been an underwriter for 20 years. An application he recently

Mark has been an underwriter for 20 years. An application he recently reviewed looked odd to him.

The building value in the application seemed far too high, and Mark suspected the applicant might be planning to destroy the property after it is insured. Mark hired an outside firm to investigate the applicant and to prepare a report about the applicant. This report is called a(n)
A) agent’s report.
B) binder.
C) physical inspection.
D) inspection report.

ANSWER

Answer: D