Questions Related to technology

Multiple choice technology
  1. A Third party tool that holds rules and tables that will be used in rating a Policy.

  2. A DLL invoked from RBOS2LNK program with all the required information of the policy

  3. A tool which calculates the premium and applies the discounts, surcharges and taxes applicable

  4. All the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Multiple choice technology
  1. are endorsements that are active for only a portion of the total policy period.

  2. are endorsements that are active until the expiration of the policy and are considered part of the policy at renewal.

  3. are endorsements that cannot be renewed.

  4. are endorsements that extend the policy period.

Reveal answer Fill a bubble to check yourself
B Correct answer
Multiple choice technology
  1. the name given to the document that is issued as acceptance of a Quotation

  2. the name given to the document that is issued as acceptance of Reinsurance

  3. the name given to the document that is issued as acceptance of New Business

  4. the name given to the document that is issued as acceptance of Cancellation

Reveal answer Fill a bubble to check yourself
B Correct answer