Book 1 U1+2+3+4+11

Which department is responsible for monitoring profits and losses in an insurance company?

• Customer Service

• Accounting

• Underwriting

• Claims

Which department uses company money to earn more money on the stock market?

• Accounting

• Investment

• Underwriting

• Claims

What department handles general questions complaints, and requests for information from clients?

• Claims

• Underwriting

• Customer Service

• Investment

Who determines if an applicant is eligible to receive a policy?

• Accounting Department

• Underwriting Department

• Claims Department

• Investment Department

After becoming a policyholder, which department does a client primarily interact with for claims?

• Investment

• Underwriting

• Claims

• Customer Service

Which two departments are most directly responsible for managing money within an insurance company?

• Customer Service and Claims

• Underwriting and Claims

• Accounting and Investment

• Claims and Investment

Which department is responsible for handling client claims?

• Claims Department

• Customer Service Department

• Accounting Department

• Legal Department

Which department works with executives to set company policies and pricing?

• Actuarial Department

• Underwriting Department

• Human Resources Department

• Investment Department

Which department ensures the company follows government regulations?

• Legal Department

• Claims Department

• Accounting Department

• Customer Service Department

Which department is primarily focused on handling company finances?

• Investment Department

• Claims Department

• Underwriting Department

• Human Resources Department