Questions: Within how many days of requesting an investigative consumer report must an insurer notify the consumer in writing that the report will be obtained? A. 3 days B. 5 days C. 14 days D. 10 days

The answer is A: 3 days.

Explanation for each option:

A. 3 days - This is the correct answer. According to the Fair Credit Reporting Act (FCRA), when an investigative consumer report is requested, the insurer must notify the consumer in writing within three days of the request.

B. 5 days - This is incorrect. The FCRA specifies a three-day notification period, not five days.

C. 14 days - This is incorrect. The notification period is much shorter, specifically three days, as per the FCRA requirements.

D. 10 days - This is incorrect. The FCRA mandates that the notification must occur within three days, not ten days.