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Author Question: Which of the following statements about claim settlement is (are) true? I. The fair payment of ... (Read 180 times)

KimWrice

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on: Jul 11, 2018
Which of the following statements about claim settlement is (are) true?
 
  I. The fair payment of claims requires an insurer to adopt a very liberal claims policy.
  II. To prevent lawsuits, an insurer should provide no personal assistance to a claimant other than that which is required by contractual obligations.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II

Question 2

Which of the following is a function of the marketing department of an insurance company?
 
  A) to settle claims after a loss has been reported
  B) to determine the cost of products the insurer sells
  C) to make final underwriting decisions
  D) to identify production goals


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Alyson.hiatt@yahoo.com

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D


KimWrice

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

debra928

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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