Which characteristic must all completed applications include?

All completed applications must include responses to questions about financial responsibility because this information is essential for determining the applicant's ability to manage financial obligations and handle insurable risks. Assessing an applicant’s financial history and stability is crucial for insurers as it influences underwriting decisions and premium calculations. This assessment helps ensure that individuals or entities have the capability to pay for coverage and manage their financial commitments in relation to the insurance policy.

The other options—names of competitors in the market, names of all employees in the agency, and marketing strategies of the business—are not typically required in insurance applications and do not directly relate to the financial integrity or risk profile of the applicant. These aspects may be relevant in business planning or competitive analysis but are not standard components of an insurance application.