What Is An Inspection Report For Life Insurance? 
An inspection report for life insurance is an extensive report that is done to verify confidential information about a life insurance applicant . Most inspection reports are done only on very large policies , and the majority are done by phone . With some multi-million dollar cases a face to face interview may be required . If the inspection report is for a business , it will ask about the nature of the business , make up of the business , location , where they do business , and if any air travel or travel to unsafe countries is involved . Personal information will include health problems , dangerous hobbies , tobacco use , drug/alcohol use , and anything else that affects life insurance risk . They will also ask income and net worth , liabilities , and justification for amount and purpose of life insurance . Inspection reports are ordered by the life insurance underwriter from private inspection bureaus and are kept confidential from everyone except the life insurance company that made the request . 