Which One of the Following Questions Is NOT Considered When

question 217

Multiple Choice

Which one of the following questions is NOT considered when claims department review the claims?

• A) Did a loss occur?
• B) Was the loss covered by the policy?
• C) Who are not the beneficiaries?
• D) How much is payable to the insured or beneficiaries?

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Definitions:

Restrictions

Limitations or regulations imposed to control or limit certain actions or activities within a specific context.

Net Loss

The total amount by which expenses exceed revenues over a certain period, indicating financial loss.

Tariff

A levy placed by a government on imported goods and services from abroad, aimed at regulating the amount of trade and safeguarding local businesses.

United States

A country located primarily in North America, known for its large economy, diverse population, and significant influence on global affairs.