SOFE Exam SOFA-CFE Topic 7 Question 86 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 86
Topic #: 7

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?

Aaggregate claim

Bpartner's claim

Cadjuster's claim

Dcoverage trigger

Show Suggested Answer

Suggested Answer: B

by Chuck at May 02, 2024, 08:57 AM

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Josefa

2 months ago

The summation of many claims from a common event? That's gotta be 'aggregate claim'. Easy peasy!

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Minna

1 months ago

I agree, 'aggregate claim' is the term used for the summation of many claims triggered from a common event.

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Theron

2 months ago

Yeah, 'aggregate claim' is the correct term for that scenario.

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Jamey

2 months ago

I think it's 'aggregate claim' too. Makes sense to have one general claim file for all related claims.

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Sanda

2 months ago

I feel like 'partner's claim' is just way off base. This is clearly about the overall claims, not individual parties involved.

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Pearly

1 months ago

D) coverage trigger

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Marva

1 months ago

C) adjuster's claim

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Gilma

2 months ago

A) aggregate claim

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Caitlin

3 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!

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Elvera

1 months ago

D) coverage trigger

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Nydia

1 months ago

Definitely not the adjuster making the claim!

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Tarra

1 months ago

A) aggregate claim

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Ailene

1 months ago

Haha, yeah, 'adjuster's claim' sounds funny!

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Lacey

1 months ago

D) coverage trigger

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Bea

1 months ago

C) adjuster's claim

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Jose

1 months ago

B) partner's claim

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Armando

2 months ago

A) aggregate claim

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Jamal

3 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.

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Thaddeus

3 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.

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Hana

2 months ago

I agree, 'coverage trigger' makes the most sense.

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Kimbery

2 months ago

I think 'coverage trigger' is the best answer.

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Iola

2 months ago

D) coverage trigger

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Elenor

2 months ago

C) adjuster's claim

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Dorsey

2 months ago

B) partner's claim

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Nobuko

3 months ago

A) aggregate claim

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Candra

3 months ago

I agree with Truman, because it makes sense to have one general claim file for multiple claims triggered by the same event.

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Kiley

3 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.

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Truman

3 months ago

I think the answer is A) aggregate claim.

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Lashaunda

3 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.

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Lyndia

3 months ago

I agree with Justine, because it makes sense to have one general claim file for multiple claims triggered by the same event.

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Justine

4 months ago

I think the answer is A) aggregate claim.

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