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ABA CTFA Practice Test - Questions Answers, Page 80

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Question 791

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The method used to account for insurance and reinsurance contracts that do not transfer insurance risk is referred to as:

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Question 792

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The subsequent measurement of the deposits is based upon whether the insurance and reinsurance contract:

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Question 793

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In many states, a claims-made insurance policy is required to:

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Question 794

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Primary coverage involves policies written between an insurer and a customer directly.

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Question 795

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In processing __________, many entities keep a single file for each insured event, with separate identification of each claimant.

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Question 796

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

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Question 797

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Which of the following in Not the flow of transaction through the claims cycle?

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Question 798

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What must be properly coded to meet the statutory reporting requirements of the annual statement and to provide statistics to support filling?

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Question 799

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When premium income less return premiums arising from policies issued or other contracts entered into to reinsure other insurance entities that provide the related primary coverage are called:

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Question 800

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Claims adjusting involve:

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