What type of report must applications to an insurer include?

Applications to an insurer must include specific details that ensure the insurer can assess the application thoroughly and comply with regulatory standards. The inclusion of the license details of the submitting agent is critical because it confirms that the agent is authorized to conduct insurance business and represent the insurer in the transaction. This verification helps maintain the integrity of the insurance process and protects consumers by ensuring they are dealing with licensed professionals.

Other options, while potentially useful in certain contexts, are not typically required components of an insurance application. For instance, an extensive credit history report can be a factor later in the underwriting process but is not mandatory at the application stage. A health report covering the applicant's family could provide valuable information but is not a standard requirement in every application unless it applies to specific types of policies. Similarly, an income statement may be relevant for certain insurance products, particularly those that relate to income protection, but it is not a universal necessity for all applications submitted to an insurer.