Cinch Home Services - Glossary Exam

The term "Aggregate" means to gather into a whole, a total.

• True

• False

APO (Alternate Provider Option) is used when in-network Service Providers are available for service.

• True

• False

Authorization/Approval is given when the failure is not covered under the warranty.

• True

• False

Builder Grade items are typically custom-made and unique in style.

• True

• False

The Cap Limit/Dollar Limit is the maximum amount that Cinch will pay per covered claim.

• True

• False

Commercial-Grade items are designed for use in commercial properties.

• True

• False

Covered Property refers to the address on your Agreement Coverage Summary Page.

• True

• False

The deductible goes toward the Service Call and additional covered work up to the deductible amount.

• True

• False

Denial occurs when a failure is covered by the warranty.

• True

• False

Exclusions are items removed from the warranty due to replacement and pre-existing conditions.

• True

• False