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American Bankers Association CTFA Exam - Topic 8 Question 44 Discussion

Lines of insurance in which claims are settled relatively quickly are called:
B) Single-tail lines
A) Quick-tail lines
C) Acceptance-tail lines
D) Short-tail lines

American Bankers Association CTFA Exam - 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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Alpha
11 months ago
Short-tail lines are the ones with quick settlements, no doubt!
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Colette
11 months ago
Wait, are we sure it's not acceptance-tail lines? Sounds legit.
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Ernestine
11 months ago
Totally agree, it's short-tail lines for sure.
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Maile
11 months ago
I thought it was A, quick-tail lines?
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Rosenda
11 months ago
It's definitely D, short-tail lines!
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Maybelle
12 months ago
I definitely remember "short-tail lines" from our review sessions, but I wonder if "quick-tail" could be a trick option.
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Kristine
12 months ago
I’m a bit confused; I thought "quick-tail lines" sounded right, but I can't recall if that's an actual term used in the industry.
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Pamella
12 months ago
I remember studying about quick settlements, and I feel like "short-tail lines" was mentioned a lot in practice questions.
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Alfreda
12 months ago
I think the answer might be D, short-tail lines, but I'm not entirely sure.
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Glen
12 months ago
This is a good test of our understanding of the Dynamics 365 Field Service functionality. I feel pretty prepared for this, as we've been practicing work order creation scenarios in the lab sessions. I'll review the options and select the three correct ones.
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Asuncion
12 months ago
Okay, let me see... I know there are some core permissions like Read and Write, but I'm not sure about the specific combinations for all metadata item types.
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Marnie
1 year ago
This question seems straightforward - the pork industry is facing a new epidemic, so the portfolio manager needs to add new components to the portfolio to address the risk. I'd focus on evaluating the options for risk management and resource reallocation.
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Jules
1 year ago
I'm pretty confident I know the answer to this one. The MD-48 modules are unusable in a 2-degree configuration, so I'll select option C.
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Eric
1 year ago
D) Short-tail lines, no doubt. Although 'Single-tail' does sound like an interesting... hobby.
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Catarina
1 year 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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Dannie
1 year ago
I agree, Short-tail lines seem like the right choice.
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Lajuana
1 year ago
I think 'Acceptance-tail' does sound interesting.
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Cherry
1 year ago
I'm going with D) Short-tail lines.
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Argelia
1 year 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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Weldon
1 year ago
I always go for short-tail lines to avoid any delays in getting my claims paid out.
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Glendora
1 year ago
Short-tail lines are the best choice for getting your claims resolved quickly.
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Mollie
1 year ago
Definitely, quick-tail lines sound like they would drag on forever.
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Fannie
1 year ago
I agree, short-tail lines are the way to go for quick claim settlements.
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Isaac
1 year ago
Short-tail lines are the way to go for fast resolution.
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Lili
1 year ago
Definitely, who wants to wait around for their claim to be paid?
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Lemuel
1 year ago
I agree, quick settlements are the best.
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Dana
1 year ago
Short-tail lines, obviously.
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Cassie
1 year 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
1 year ago
Yeah, Quick-tail and Acceptance-tail lines sound a bit sketchy to me.
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Shoshana
1 year ago
I agree, Short-tail lines are definitely the way to go.
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Alline
1 year 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
1 year ago
Let's go with 'D) Short-tail lines' as the answer.
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Fatima
1 year ago
Yeah, that makes sense. 'Short-tail lines' it is.
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Dianne
1 year ago
I think it's because the claims are less complex.
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Julene
1 year ago
I agree, 'Short-tail lines' do seem to be settled quickly.
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Lashaun
1 year ago
Oh, I see. So, short-tail lines are the ones where claims are settled quickly?
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Denny
1 year ago
They are called short-tail lines.
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Lashaun
1 year ago
What are quick-settled insurance claims called?
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