How is IFA using information from credit reports?
In rating and underwriting insurance policies, each of the several factors we consider from credit reports is assigned a ‘score’. Our method of considering all of these factors together, as a whole, ensures that no single negative item will necessarily prevent a customer from receiving our best rates. And many customers, while not qualifying for the very best rate, will still qualify for a rate that is significantly better than average due to the information we consider from credit reports.
