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American Bankers Association Exam CTFA Topic 8 Question 44 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 44
Topic #: 8
[All CTFA Questions]

Lines of insurance in which claims are settled relatively quickly are called:

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Suggested Answer: B

by Janey at Feb 27, 2023, 04:45 PM

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Eric
27 days ago
D) Short-tail lines, no doubt. Although 'Single-tail' does sound like an interesting... hobby.
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Catarina
29 days ago
I'm going with D) Short-tail lines. Although 'Acceptance-tail' does sound like a fun way to describe my ex-girlfriend...
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Cherry
14 days ago
I'm going with D) Short-tail lines.
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Argelia
1 months ago
Short-tail lines, obviously. Anything with the word 'tail' in it just sounds like it's going to take forever to get resolved. I want my claims paid out ASAP!
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Lili
2 days ago
Definitely, who wants to wait around for their claim to be paid?
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Lemuel
1 months ago
I agree, quick settlements are the best.
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Dana
1 months ago
Short-tail lines, obviously.
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Cassie
2 months ago
D) Short-tail lines for sure. I can't imagine anyone would want to settle for 'Quick-tail' or 'Acceptance-tail' lines. Those sound made up!
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Daren
23 days ago
Yeah, Quick-tail and Acceptance-tail lines sound a bit sketchy to me.
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Shoshana
27 days ago
I agree, Short-tail lines are definitely the way to go.
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Alline
2 months ago
I think 'Short-tail lines' sounds like the most logical answer here. Those types of insurance claims tend to be resolved faster than others.
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Annabelle
27 days ago
Let's go with 'D) Short-tail lines' as the answer.
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Fatima
1 months ago
Yeah, that makes sense. 'Short-tail lines' it is.
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Dianne
1 months ago
I think it's because the claims are less complex.
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Julene
1 months ago
I agree, 'Short-tail lines' do seem to be settled quickly.
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Lashaun
2 months ago
Oh, I see. So, short-tail lines are the ones where claims are settled quickly?
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Denny
2 months ago
They are called short-tail lines.
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Lashaun
2 months ago
What are quick-settled insurance claims called?
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