AAFM CWM_LEVEL_2 Exam - Topic 7 Question 65 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 65
Topic #: 7

Section C (4 Mark)

Read the senario and answer to the question.

Assume the following additional facts:

The Shankers have purchased a homeowner's policy (comprehensive) covering 100% of the replacement cost of their residence. This policy has a Rs. 500 deductible. Also, they have purchased a disability income policy with a 30-day elimination period and an any-occupation definition of disability.

What actions should the Shankers consider in order to improve the quality of the insurance program described above?

A(I) only

B(I) and (IV) only

C(I) and (III) only

D(II) and (IV) only

Show Suggested Answer

Suggested Answer: B

by Larae at Oct 06, 2023, 02:34 AM

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Cheryl

7 months ago

Wait, are they really covered for 100% replacement? Sounds too good to be true!

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Elza

7 months ago

They might also want to look into adding more coverage options.

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Lonny

7 months ago

But what if they have a major claim? That could hurt!

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King

7 months ago

Totally agree, that could save them money!

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Julie

8 months ago

They should consider increasing their deductible for lower premiums.

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Martha

8 months ago

I wonder if they should evaluate their home inventory to ensure they have enough personal property coverage. That was a key point in our last review session.

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Dalene

8 months ago

I feel like they should also look into their disability policy; the 30-day elimination period seems long, but I can't recall if that's typical.

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Desirae

8 months ago

I think they might need to consider adding an umbrella policy for extra liability coverage, similar to a practice question we did last week.

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Karrie

8 months ago

I remember discussing the importance of reviewing coverage limits, but I'm not sure if they should increase their deductible to lower premiums.

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Kristel

8 months ago

Whew, lots of details to unpack here. I'll need to take my time, make sure I understand the current insurance setup, and then carefully consider what changes or additions could enhance the overall quality of their program. Gotta stay focused and organized on this one.

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Marlon

8 months ago

This is a good opportunity to showcase my insurance knowledge. I'll review the policy details, identify any potential weaknesses or areas for improvement, and then propose a few well-reasoned actions the Shankers could take to strengthen their coverage. Feeling confident about this one!

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France

8 months ago

Okay, let's see. The Shankers have a homeowner's policy and a disability income policy, but the question is asking what actions they should consider to improve the quality of their insurance program. I'll need to think about potential gaps or areas for enhancement based on the information given.

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Amber

8 months ago

Hmm, I'm a bit confused by all the specific policy details. I'll need to carefully read through the scenario again to make sure I understand the current insurance coverage before I can think about how to improve it. Wish me luck!

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Anika

8 months ago

This seems like a straightforward question about improving an insurance program. I'll focus on understanding the key details provided, like the homeowner's policy coverage and the disability income policy, and then consider what actions could improve the overall quality.

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Pok

8 months ago

Based on my understanding, enabling battery write-back caching (option C) would be the best choice to optimize performance for a vSAN cluster. That's the approach I'll go with.

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Yuette

8 months ago

I've got this one! The answer is D - Live Content. That's the best way to display real-time info like the current date in an email. AMPscript and the other choices are good, but Live Content is the most robust solution for this scenario.

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Wilda

9 months ago

I'm leaning towards option D; the effect of the auditor's conclusion seems more like a summary rather than documentation.

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