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American Bankers Association Exam CTFA Topic 11 Question 66 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 66
Topic #: 11
[All CTFA Questions]

Short-duration contracts provide insurance protection for fixed period and can cancel the contract at the end of any contract period.

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Suggested Answer: D

by Deandrea at May 21, 2024, 02:17 AM

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Mozelle
24 days ago
Wait, so do I have to read the fine print to figure this out? Where's the 'none of the above' option when you need it?
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Eun
5 days ago
User 1: True
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Vanna
1 months ago
Haha, this question is a real head-scratcher. I'll just flip a coin and hope for the best!
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Joaquin
25 days ago
User 3: I'm not sure, maybe I should flip a coin too.
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Laurel
28 days ago
User 2: I'll go with false.
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Amos
1 months ago
User 1: I think it's true.
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Ashton
2 months ago
False, that can't be right. Short-term contracts usually lock you in for the full term, don't they?
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Tora
20 days ago
False, short-term contracts do provide the option to cancel at the end of each period.
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Lindsey
22 days ago
Short-term contracts can actually be cancelled at the end of each contract period.
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Gwenn
1 months ago
A) True
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Avery
2 months ago
I think this is true. Short-duration contracts give you the flexibility to adjust your coverage as needed.
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Rolf
1 months ago
That's right, you can cancel at the end of any contract period.
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Leota
1 months ago
A) True
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Willetta
1 months ago
I agree, short-duration contracts do offer flexibility.
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Buddy
1 months ago
A) True
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Ronald
2 months ago
I think it's true because short-duration contracts do provide insurance protection for a fixed period and can be cancelled at the end of each period.
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Svetlana
2 months ago
A) True
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Ronald
2 months ago
Short-duration contracts provide insurance protection for fixed period and can cancel the contract at the end of any contract period.
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