MIB, Inc. - Straight Talk About MIB"s Underwriting Services

A Summary of Facts About MIB Code Solutions

MIB does not collect, maintain or store detailed medical records, such as examination reports, attending physician statements, lab results etc. in our Code Solutions Database.
All information in the MIB Code Solutions database is entered by one of MIB’s member companies based on information they find during the underwriting process. MIB does not obtain information directly from your physician or hospital records for the purpose of updating our Code Solutions database.
Applicant knowledge and consent is required before member companies can search our database or report back information to us.
Not everyone has an MIB Consumer File. You would only have one if you applied for life, health, disability income, long-term care or critical illness insurance:

That is individually underwritten.
With an MIB member company.
In the past 7 years.
AND information of underwriting significance is found during the application and/or underwriting process.

The presence of an MIB Consumer File does not affect the insurability of an applicant. It will only help carriers identify potential errors, omissions or misrepresentations made on insurance applications that can affect underwriting decisions.
MIB member companies are prohibited from making adverse underwriting decisions based on information in your MIB Consumer File without further investigation.
MIB does not have a record of how an individual applicant was rated, or whether an application was accepted or declined for insurance.
You can obtain a copy of your MIB Consumer File once per year for free.
Upon review of your consumer file, if you believe there is an error you can request a reinvestigation.
Classified as a "nationwide specialty consumer reporting agency," MIB is directly regulated under the federal Fair Credit Reporting Act ("FCRA").