MANAGEMENT

BUISENESS MANAGEMENT

RISK MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The insurance agent who sells you the policy will be involved in processing your claim should you ever need to collect on your policy.
A
true
B
false
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -An Insurance Agent is a professional who makes sure individuals are protected from life-threatening illnesses or unfortunate accidents. They negotiate and buy coverage to fit any need, whether you’re an individual looking for health insurance or a business owner needing property protection.

Detailed explanation-2: -The claims settlement process is one of the most important aspects of an insurance policy, especially if it is a health cover. A policyholder ‘s health insurance claim can get settled by an insurer in two ways: third-party administrators ( TPA ) and through the insurer’s in-house claims processing department.

Detailed explanation-3: -43-9041 Insurance Claims and Policy Processing Clerks Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and related documents, and company records.

Detailed explanation-4: -They do not provide security to wealth.

There is 1 question to complete.