American Bankers Association Exam CTFA Topic 10 Question 52 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 52
Topic #: 10

[All CTFA Questions]

Co-inusrance is:

AA provision in property insurance

BA provision in actual cash value

CA provision in liability insurance

DA provision in health insurance

Show Suggested Answer

Suggested Answer: D

by Paris at Sep 03, 2023, 08:31 PM

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Georgiana

17 days ago

At least it's not asking about 'deductible' - that's always a trick question!

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Micheal

18 days ago

Health insurance? Really? I thought that was just for things like copays and deductibles. This question is tripping me up a bit.

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Francesco

25 days ago

I'm pretty sure it's not in liability insurance. That's more about the coverage limits and deductibles, right?

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Hubert

1 months ago

Hmm, I think it's also used in health insurance to determine the amount the insured has to pay out-of-pocket. But I'm not 100% sure.

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Herminia

1 days ago

B) A provision in actual cash value

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Amie

2 days ago

Co-insurance can also be found in property insurance and liability insurance.

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Martha

2 days ago

A) A provision in property insurance

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Tricia

9 days ago

Yes, it's used to determine the amount the insured has to pay out-of-pocket.

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Jerry

19 days ago

I think you're right, co-insurance is a provision in health insurance.

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Nikita

1 months ago

Co-insurance is definitely a provision in property insurance. I remember learning about that in my risk management class.

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Demetra

2 days ago

Oh, I see. Thanks for clarifying that!

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Tambra

20 days ago

Actually, it's a provision in property insurance, not health insurance.

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Phillip

1 months ago

I think it's a provision in health insurance.

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Alexia

1 months ago

Yes, you're right! Co-insurance is a provision in property insurance.

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Phung

2 months ago

Oh, I see. So it's not related to health insurance then.

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Darrin

2 months ago

Actually, co-insurance is a provision in property insurance.

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Phung

2 months ago

I think co-insurance is a provision in health insurance.

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