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Total Theft Review slide 46

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which Segment has the lowest Fraud Potential?

a)

Segment 2

b)

All of them

c)

Segment 3

d)

Segment 1

2.

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

a)

As long as it takes to find the answers

b)

5 Business days

c)

24 Hours

d)

8 Calendar Days

3.

Which of the following is not part of the initial analysis

a)

New policy less than 120 day

b)

Client recently married and changed their name

c)

Presence of a criminal record

d)

NPV expiry approaching

4.

Who will handle Segement 1 Theft files

a)

P5

b)

National CA

c)

CS

d)

P2

5.

When do we present settlement on a theft claim

a)

On the 8th business day

b)

By the 5th business day

c)

Once our CS approves it

d)

When SIU Advises okay to proceed.

6.

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

a)

Comprehensive and End 20

b)

Collision and End 20

c)

All perils

d)

Worry Free option

7.

Whose responsible for completing the market value form in Mitchell

a)

The CA

b)

The Appraiser

c)

The Image Desk

d)

The QRP

8.

Who completes the estimate of on a recovered theft vehicle

a)

Image desk if at a QRP

b)

Independant Appraiser

c)

The Appraiser

d)

PBE/ shop / Image Desk

9.

How many rental days provided on a total theft vehicle

a)

8 Business day only if End 20 on vehicle

b)

8 Days with out End 20

c)

5 Calendar days

d)

8 Business days

10.

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

a)

True

b)

False