What does it mean when an insurer has made a waiver?

When an insurer has made a waiver, it signifies that they have voluntarily relinquished a specific right or claim. In this context, the correct choice reflects the concept that the insurer has chosen not to enforce their right to obtain certain information, which could impact the underwriting process or the resolution of a claim. This might occur, for instance, if the insurer decides not to pursue additional evidence that would typically be required under standard policy provisions.

In this scenario, the insurer's waiver can facilitate a smoother claims process or the issuance of a policy without delaying the underwriting decision due to pending information. Understanding waivers is crucial in insurance as it can affect both the coverage provided and the obligations of all parties involved. The other options reflect actions that do not pertain to waiving a right or claim; they indicate denial, acceptance of a new policy, or changes in coverage limits, none of which encompasses the essence of a waiver.