An inspection report-now commonly called a consumer inspection or third-party inspection-is an investigative report obtained during underwriting or large-case due diligence. It can verify identity, occupation, income, lifestyle, and avocations; confirm business operations; and assess reputation or foreign travel. Reports support anti-fraud controls, insurable-interest confirmation, and financial justification. Content must comply with Fair Credit Reporting Act requirements for notice and adverse-action processes.

Large cases trigger inspections to validate financial and lifestyle disclosures. Advisors prepare clients for interviews and supply business documents so findings support the application rather than delay it.