Connecticut Life Producer Practice exam

Which aspect of a consumer's profile is typically included in an investigative consumer report?

1. Financial transactions

2. Social security number

3. Character and habits

4. Criminal history

The correct answer is: Character and habits

An investigative consumer report primarily focuses on gathering detailed information about an individual's character, general reputation, personal habits, and lifestyle. This type of report is often used by insurance companies and employers to assess the suitability of a consumer for a particular product or position. Including information on character and habits helps in understanding how a consumer may act or behave in certain situations, which can be critical for underwriting decisions or hiring practices. While financial transactions, social security numbers, and criminal history may be relevant pieces of information for certain purposes, they do not encompass the core of what an investigative consumer report aims to analyze. Such reports are designed to reflect a deeper analysis of an individual’s personality and behavior rather than solely focusing on financial or legal standings.