WorksheetsAssessment - TEAM DARYL
Total questions: 15
Worksheet time: 11mins
Which of the following is not a correct statement regarding the update for the BH Management’s Vendor Service Agreement?
We will be able to accept endorsements with "signed by both parties only if the vendor has the latest VA
Updated VA is only for BH Management and does not apply to BH INVEST and BHOM.
If a vendor wants to redline the latest VA, we will need to send it for review.
No available samples for the latest VA on the website or customer service folder to service folder to avoid a vendor from making edits to a VA that has the embedded signature from BH.
None of the above.
Which part of the 9 steps to Success where you make our vendors be self-sufficient when navigating through our website?
Willingness to Help
Self Help
Closing
Resolve
None of the above
The following PMCs will offer WC Exemption Form except for ______?
Dayrise Residential LLC
Allied Residential
BLVD RESIDENTIAL
Highmark Residential LLC
Griffis Residential
When can you check if the Excess as Additional Insured/Excess follows form?
When you have correct GL verbiage, and you have a positive indicator in the additional insured box.
When you have correct GL verbiage, and you have excess follows form.
When you have no GL additional insured verbiage, a good GL additional insured endorsement, and excess follows form or the excess policy has a positive indicator in the additional insured box on COI.
Both B and C
All of the above.
Cases that are assigned a _____ Priority are issues where there is a workaround that allows the customer to circumvent the issue until a fix can be applied. These cases should be resolved within 6 to 8 weeks after the case is opened.
P3 – MEDIUM
P2 – HIGH
P1 – CRITICAL
P4 - ENHANCEMENT
None of the above.
As per ConAm Risk Management, no need to send an RR if the override is about the Auto Limits. OVERRIDE the Auto Limit when there is a/an ____ and the combined total is equal or greater than the Auto limit requirement.
General Liability policy
Professional Liability policy
Excess Liability policy
Workers Compensation
None of the above.
The following statements are correct for the BH Management Primary & Non-contributory endorsement except for?
If the GLAI Endorsement with Primary and Non-contributory is for Ongoing Operations only, we should ask for another PNC endorsement for Completed Operations
If the GLAI Endorsement with Primary and Non-contributory is for Completed Operations only, we should ask for another PNC endorsement for Ongoing Operations.
If the GLAI Endorsement with Primary and Non-contributory is for Ongoing and Completed Operations, then the PNC coverage cannot be accepted.
If we receive a standalone Primary and Non-contributory Endorsement form, we have to check if it provides coverage for Ongoing and Completed Operations.
None of the above
True or False. Prior to sending review request for license, we need to check the licensing link to know if the default industry requires a license and check if there is a Client Specific Industry Code.
True
False
The review contact information for ______ has been removed to prevent any accidental sending of a review without a team lead reviewing and rewriting as needed.
Dayrise Residential LLC
BLVD RESIDENTIAL
Griffis Residential
Highmark Residential LLC
None of the above.
If we receive a call from a vendor that it will take more weeks for them to get the Letter of Assignment as they are required to provide due to W9 code of 5 error (invalid data) on EIN that starts with 0 then we can ask for ______ instead.
W8
EIN Assignment Verification Letter
Income Tax Return document
Assignment Verification Letter
None of the above.
True or False. In sending review request for Ongoing/Completed endorsements that are not on the PMC’s list, we don’t need to check the additional insured coverage for the PMC.
True
False
Our clients do not accept endorsements “restricted to negligence”. They are looking for endorsements that refer to an insured’s “___ or ________” or “work” versus negligence.
acts or omissions
act or omissions
acts or omisions
acting or omissions
RR Revamp is effective for Team Marlon starting ________.
6/31/2023
6/21/2023
6/29/2023
6/30/2023
Which of the following is not a correct statement regarding the Workers Compensation?
Arkansas, Georgia, New Mexico, North Carolina, and Virginia allow business to be exempted unless they have 3 or more employees, but this does not mean vendor can’t obtain the insurance since some PMCs will require it.
Most states that have a business with at least one employee are required to obtain WC except for Florida
Family members are not considered employees, but some business register them as an employee for tax purposes.
Mississippi allow business to be exempted unless they have 5 or more employees, but this does not mean vendor can’t obtain the insurance since some PMCs will require it.
None of the above.
True or False. CK Team is now accepting SERVICED LOCATION on endorsements.
True
False
