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American Bankers Association CTFA Exam - Topic 10 Question 52 Discussion

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

Co-inusrance is:

Suggested Answer: D

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43 comments · newest first
RO
Ronald 11 months ago
I thought it applied to liability insurance as well!
FL
Florinda 11 months ago
It's definitely a health insurance thing.
PA
Pamella 11 months ago
Wait, are you sure it's not in property insurance too?
BO
Bong 11 months ago
Totally agree, it's all about sharing costs!
AZ
Azalee 12 months ago
Co-insurance is mainly found in health insurance.
RA
Raymon 12 months ago
I thought coinsurance was more about actual cash value, but now I'm second-guessing myself after reviewing the options.
DO
Donte 12 months ago
I feel like I saw a question similar to this in practice exams, and it was about liability insurance. But I can't recall the specifics.
DO
Dorothy 1 year ago
I remember studying that coinsurance often applies in property insurance, especially regarding shared risks.
LU
Luz 1 year ago
I think coinsurance is related to health insurance, but I'm not entirely sure if that's the only context it applies to.
SH
Shannon 1 year ago
The question mentions that users are getting error messages when logging in, so I think the Login History would be the best place to start. That should give me some clues about what's going on.
LO
Lorrine 1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully.
XU
Xuan 1 year ago
I think the Reverse Path Forwarding check is related to maintaining a loop-free path, so maybe it's A?
GE
Georgiana 1 year ago
At least it's not asking about 'deductible' - that's always a trick question!
MI
Micheal 1 year ago
Health insurance? Really? I thought that was just for things like copays and deductibles. This question is tripping me up a bit.
MI
Mirta 1 year ago
↳ replying to Micheal
D) A provision in health insurance
YV
Yvette 1 year ago
↳ replying to Micheal
C) A provision in liability insurance
NA
Na 1 year ago
↳ replying to Micheal
B) A provision in actual cash value
AL
Alva 1 year ago
↳ replying to Micheal
A) A provision in property insurance
FR
Francesco 1 year ago
I'm pretty sure it's not in liability insurance. That's more about the coverage limits and deductibles, right?
LA
Lavera 1 year ago
↳ replying to Francesco
A) A provision in property insurance
TO
Tomoko 1 year ago
↳ replying to Francesco
I'm pretty sure it's not in liability insurance. That's more about the coverage limits and deductibles, right?
GL
Glen 1 year ago
↳ replying to Francesco
D) A provision in health insurance
LO
Lorrie 1 year ago
↳ replying to Francesco
C) A provision in liability insurance
AR
Arlene 1 year ago
↳ replying to Francesco
B) A provision in actual cash value
HU
Hubert 1 year ago
↳ replying to Francesco
A) A provision in property insurance
HU
Hubert 1 year 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.
KA
Kanisha 1 year ago
↳ replying to Hubert
D) A provision in health insurance
LY
Lyla 1 year ago
↳ replying to Hubert
I think you're right, co-insurance is also used in health insurance.
AN
Anastacia 1 year ago
↳ replying to Hubert
D) A provision in health insurance
TE
Tegan 1 year ago
↳ replying to Hubert
C) A provision in liability insurance
HE
Herminia 1 year ago
↳ replying to Hubert
B) A provision in actual cash value
AM
Amie 1 year ago
↳ replying to Hubert
Co-insurance can also be found in property insurance and liability insurance.
MA
Martha 1 year ago
↳ replying to Hubert
A) A provision in property insurance
TR
Tricia 1 year ago
↳ replying to Hubert
Yes, it's used to determine the amount the insured has to pay out-of-pocket.
JE
Jerry 1 year ago
↳ replying to Hubert
I think you're right, co-insurance is a provision in health insurance.
NI
Nikita 1 year ago
Co-insurance is definitely a provision in property insurance. I remember learning about that in my risk management class.
DE
Demetra 1 year ago
↳ replying to Nikita
Oh, I see. Thanks for clarifying that!
TA
Tambra 1 year ago
↳ replying to Nikita
Actually, it's a provision in property insurance, not health insurance.
PH
Phillip 1 year ago
↳ replying to Nikita
I think it's a provision in health insurance.
AL
Alexia 1 year ago
↳ replying to Nikita
Yes, you're right! Co-insurance is a provision in property insurance.
PH
Phung 2 years ago
Oh, I see. So it's not related to health insurance then.
DA
Darrin 2 years ago
Actually, co-insurance is a provision in property insurance.
PH
Phung 2 years ago
I think co-insurance is a provision in health insurance.
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