A notice to an applicant primarily serves to:

The correct answer highlights the critical role of a notice to an applicant in the context of life insurance applications. It emphasizes the requirement for transparency and consumer protection in the insurance process. When an applicant is informed that a report regarding their credit history will be ordered, it serves to alert them that their financial background will be reviewed as part of the underwriting process. This is important because insurance companies often assess an applicant's creditworthiness to determine risk levels and potential policy premium rates.

This communication ensures that applicants are aware of what information will be used in assessing their application, promoting fair practices. By understanding that a credit report will be requested, applicants can prepare for its implications, potentially asking for clarification or providing relevant documentation in advance. This process underscores the insurance industry's commitment to informing applicants and ensuring they have the necessary knowledge about their applications.