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Salesforce Exam Financial Services Cloud Topic 3 Question 43 Discussion

Actual exam question for Salesforce's Financial Services Cloud exam
Question #: 43
Topic #: 3
[All Financial Services Cloud Questions]

A large insurance company hired a consulting firm to improve customer experiences for customers that want to complete standard processes online, such as getting an insurance quote or submitting a claim.

Which three standard Insurance Platform components can digitally enable these core insurance operations?

Show Suggested Answer Hide Answer
Suggested Answer: C

The architect at Cumulus Insurance should be aware of the limitation that the administrator can define up to 300 total sharing rules for each object when using the Role Hierarchy and sharing rules to implement the franchise business model. Sharing rules are a way of granting additional access to records based on criteria, such as record owner, role, or field values. The Role Hierarchy is a way of organizing users into a hierarchy that reflects the reporting structure of the company. The Role Hierarchy and sharing rules can be used together to control the access and visibility of records for different users in Financial Services Cloud. However, there is a limit of 300 sharing rules per object, which means that the administrator may need to use other methods, such as public groups or manual sharing, to grant access to records beyond this limit.


[Sharing Rules]

[Role Hierarchy]

[Sharing Rule Limits]

Contribute your Thoughts:

Elinore
1 months ago
I'm no insurance expert, but I'm pretty sure 'MobileClaimSubmission' isn't a standard component. Unless this exam is testing our ability to spot made-up buzzwords, I'll go with A, B, and C.
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Hector
3 days ago
I think 'MobileClaimSubmission' is definitely not a standard component.
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Una
1 months ago
Haha, 'Quote Creathqn Toolbox'? Sounds like someone had a little too much fun with that answer choice. I'll stick to the real options, A, B, and C.
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Sarah
2 days ago
I agree, 'Quote Creation Toolbox' does sound a bit funny. A, B, and C seem like the more practical choices.
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Sharmaine
1 months ago
D and E? Really? I'm pretty sure those aren't actual insurance platform components. I'm going with A, B, and C - can't go wrong with the basics.
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Rolande
20 hours ago
It's always best to stick with the basics when it comes to improving customer experiences.
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India
13 days ago
I agree, D and E seem like they might be more specialized components.
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Julianna
1 months ago
A, B, and C are definitely the standard components for insurance platforms.
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Tess
2 months ago
A, B, and C seem like the obvious choices here. The question is asking for standard insurance platform components that enable core insurance operations like getting quotes and submitting claims.
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Joaquin
23 days ago
I agree, those components are essential for improving customer experiences in the digital insurance process.
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Darrin
23 days ago
B is essential for securely storing customer information and processing claims efficiently.
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Sharmaine
29 days ago
A, B, and C are definitely important components for enabling core insurance operations online.
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Dalene
1 months ago
I think A is crucial for providing customers with accurate quotes quickly.
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Jaime
1 months ago
A, B, and C are definitely important components for enabling core insurance operations online.
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Ludivina
2 months ago
I believe Quote Creation Toolbox and MobileClaimSubmission are not necessary for digitally enabling core insurance operations.
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Wilda
2 months ago
I agree with Adell. Those components are essential for improving customer experiences online.
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Adell
2 months ago
I think the three standard Insurance Platform components are Policy Administration, Claims Management, and Quote, Rate, and Apply.
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