Question

What is the Agent's Confidential Report (ACR)?

a.

A medical report provided by the applicant's doctor

b.

A report submitted by the agent on the applicant's personal and medical history

c.

A report on the mortality rate of the applicant's age group

d.

A report on the premium rates for the applicant's insurance policies

Posted under IC22 Life Insurance Underwriting

Answer: (b).A report submitted by the agent on the applicant's personal and medical history Explanation:The Agent's Confidential Report (ACR) is a report submitted by the agent on the applicant's personal and medical history and is an important tool for assessing the risk in the absence of a medical screening process.

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Q. What is the Agent's Confidential Report (ACR)?
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