Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

SOFE Exam SOFA-CFE Topic 7 Question 86 Discussion

Actual exam question for SOFE's SOFA-CFE exam
Question #: 86
Topic #: 7
[All SOFA-CFE Questions]

What is the summation of many claims triggered from a common event may have one general claim file and subsidiary files to contain the facts surrounding the individual claims?

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

Josefa
23 days ago
The summation of many claims from a common event? That's gotta be 'aggregate claim'. Easy peasy!
upvoted 0 times
Jamey
1 days ago
I think it's 'aggregate claim' too. Makes sense to have one general claim file for all related claims.
upvoted 0 times
...
...
Sanda
25 days ago
I feel like 'partner's claim' is just way off base. This is clearly about the overall claims, not individual parties involved.
upvoted 0 times
Gilma
19 days ago
A) aggregate claim
upvoted 0 times
...
...
Caitlin
1 months ago
Haha, the 'adjuster's claim' option is a bit of a joke, right? As if the adjuster is the one making the claim!
upvoted 0 times
Armando
26 days ago
A) aggregate claim
upvoted 0 times
...
...
Jamal
2 months ago
I'm not sure, but I think it could also be D) coverage trigger, as it relates to the event that triggers the claims.
upvoted 0 times
...
Thaddeus
2 months ago
I'm not too sure about this one. 'Coverage trigger' sounds like it could be related, but I'm not confident that's the best answer.
upvoted 0 times
Hana
16 days ago
I agree, 'coverage trigger' makes the most sense.
upvoted 0 times
...
Kimbery
18 days ago
I think 'coverage trigger' is the best answer.
upvoted 0 times
...
Iola
20 days ago
D) coverage trigger
upvoted 0 times
...
Elenor
22 days ago
C) adjuster's claim
upvoted 0 times
...
Dorsey
26 days ago
B) partner's claim
upvoted 0 times
...
Nobuko
1 months ago
A) aggregate claim
upvoted 0 times
...
...
Candra
2 months ago
I agree with Truman, because it makes sense to have one general claim file for multiple claims triggered by the same event.
upvoted 0 times
...
Kiley
2 months ago
I think the correct answer is 'aggregate claim'. That seems to describe the situation where many individual claims stem from a common event.
upvoted 0 times
...
Truman
2 months ago
I think the answer is A) aggregate claim.
upvoted 0 times
...
Lashaunda
2 months ago
I'm not sure, but I think it could also be D) coverage trigger, as it relates to the event that caused the claims.
upvoted 0 times
...
Lyndia
2 months ago
I agree with Justine, because it makes sense to have one general claim file for multiple claims triggered by the same event.
upvoted 0 times
...
Justine
2 months ago
I think the answer is A) aggregate claim.
upvoted 0 times
...

Save Cancel