American Bankers Association Exam CTFA Topic 8 Question 44 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 44
Topic #: 8

[All CTFA Questions]

Lines of insurance in which claims are settled relatively quickly are called:

AQuick-tail lines

BSingle-tail lines

CAcceptance-tail lines

DShort-tail lines

Show Suggested Answer

Suggested Answer: B

by Janey at Feb 27, 2023, 04:45 PM

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Eric

1 months ago

D) Short-tail lines, no doubt. Although 'Single-tail' does sound like an interesting... hobby.

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Catarina

1 months ago

I'm going with D) Short-tail lines. Although 'Acceptance-tail' does sound like a fun way to describe my ex-girlfriend...

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Dannie

2 days ago

I agree, Short-tail lines seem like the right choice.

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Lajuana

5 days ago

I think 'Acceptance-tail' does sound interesting.

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Cherry

29 days ago

I'm going with D) Short-tail lines.

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Argelia

2 months ago

Short-tail lines, obviously. Anything with the word 'tail' in it just sounds like it's going to take forever to get resolved. I want my claims paid out ASAP!

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Mollie

3 hours ago

Definitely, quick-tail lines sound like they would drag on forever.

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Fannie

5 days ago

I agree, short-tail lines are the way to go for quick claim settlements.

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Isaac

9 days ago

Short-tail lines are the way to go for fast resolution.

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Lili

17 days ago

Definitely, who wants to wait around for their claim to be paid?

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Lemuel

2 months ago

I agree, quick settlements are the best.

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Dana

2 months ago

Short-tail lines, obviously.

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Cassie

2 months ago

D) Short-tail lines for sure. I can't imagine anyone would want to settle for 'Quick-tail' or 'Acceptance-tail' lines. Those sound made up!

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Daren

1 months ago

Yeah, Quick-tail and Acceptance-tail lines sound a bit sketchy to me.

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Shoshana

1 months ago

I agree, Short-tail lines are definitely the way to go.

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Alline

2 months ago

I think 'Short-tail lines' sounds like the most logical answer here. Those types of insurance claims tend to be resolved faster than others.

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Annabelle

1 months ago

Let's go with 'D) Short-tail lines' as the answer.

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Fatima

2 months ago

Yeah, that makes sense. 'Short-tail lines' it is.

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Dianne

2 months ago

I think it's because the claims are less complex.

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Julene

2 months ago

I agree, 'Short-tail lines' do seem to be settled quickly.

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Lashaun

2 months ago

Oh, I see. So, short-tail lines are the ones where claims are settled quickly?

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Denny

2 months ago

They are called short-tail lines.

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Lashaun

2 months ago

What are quick-settled insurance claims called?

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