Total Theft Review slide 46

Which Segment has the lowest Fraud Potential?

• Segment 2

• All of them

• Segment 3

• Segment 1

When there is Possible Fraud please take a position , how long should we take.

• As long as it takes to find the answers

• 5 Business days

• 24 Hours

• 8 Calendar Days

Which of the following is not part of the initial analysis

• New policy less than 120 day

• Client recently married and changed their name

• Presence of a criminal record

• NPV expiry approaching

Who will handle Segement 1 Theft files

• P5

• National CA

• CS

• P2

When do we present settlement on a theft claim

• On the 8th business day

• By the 5th business day

• Once our CS approves it

• When SIU Advises okay to proceed.

What coverage must a client have for coverage if a member of the house hold steals the car.

• Comprehensive and End 20

• Collision and End 20

• All perils

• Worry Free option

Whose responsible for completing the market value form in Mitchell

• The CA

• The Appraiser

• The Image Desk

• The QRP

Who completes the estimate of on a recovered theft vehicle

• Image desk if at a QRP

• Independant Appraiser

• The Appraiser

• PBE/ shop / Image Desk

How many rental days provided on a total theft vehicle

• 8 Business day only if End 20 on vehicle

• 8 Days with out End 20

• 5 Calendar days

• 8 Business days

If the vehicle is recovered after settlement no further investigation will be done.

• True

• False