TGCS Week 2 Pop Flashcard

Front

What type of policy has the same due before date and cancel date?

Back

Base Billing

Front

In which state may a customer be required to file an SR-50? Options: Indiana, Virginia, Georgia, Arkansas

Back

Indiana

Front

A short-rate cancellation charges a penalty of up to what percentage?

Back

10%

Front

What is the maximum number of days you can request a due date change without supervisor approval or additional premium?

Back

5

Front

What does UW stand for?

Back

Underwriting

Front

If a held installment is combined with the next month's bill instead of being sent out separately this is called?

Back

Skip Held Installment

Front

To determine cost per day on a policy, which equation would you use?

Back

Total Premium divided by the number of days in the term

Front

What is the term used for premium that is owed for the number of days coverage was provided?

Back

Earned Premium

Front

If you import 4 photos into Solcom, how many times should you route the policy to the workflow?

Back

1

Front

Generally speaking, are customers able to replace a Down Payment that was returned for insufficient funds?

Back

No-They must start a new policy