Florida Life and Health Insurance License Practice Test

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What action would the insurance company NOT take upon receiving a Medical Information Bureau (MIB) report indicating a non-disclosed stroke?

Send a notice to the MIB that the applicant was declined.
Perform a more thorough medical underwriting process.
Contact the applicant for additional information.
Consider the undisclosed medical history in their decision process.

The correct answer is: Send a notice to the MIB that the applicant was declined.

Upon receiving a Medical Information Bureau (MIB) report indicating a non-disclosed stroke, the insurance company would not send a notice to the MIB that the applicant was declined. This is because the MIB report itself is already a notice that the applicant was declined. The other options may still be taken by the insurance company as they are all ways to gather more information or re-evaluate the application in light of the new information. However, sending a duplicate notice to the MIB is unnecessary and redundant.