100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
GUIDEWIRE FUNDAMENTALS EXAM | 2024 | QUESTIONS & ANSWERS | 100% VERIFIED $14.99   Add to cart

Exam (elaborations)

GUIDEWIRE FUNDAMENTALS EXAM | 2024 | QUESTIONS & ANSWERS | 100% VERIFIED

 8 views  0 purchase
  • Course
  • Guidwire.
  • Institution
  • Guidwire.

GUIDEWIRE FUNDAMENTALS EXAM | 2024 | QUESTIONS & ANSWERS | 100% VERIFIED Every Policy will have these two things - Effective Date & Expiration Date The Period of time between the Effective Date and Expiration Date is called? - The Policy Term (Usually 6 Months or 1 Year) What...

[Show more]

Preview 1 out of 2  pages

  • September 29, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Guidwire.
  • Guidwire.
avatar-seller
Mboffin
GUIDEWIRE FUNDAMENTALS EXAM | 2024 | QUESTIONS &
ANSWERS | 100% VERIFIED




Every Policy will have these two things - Effective Date & Expiration Date

The Period of time between the Effective Date and Expiration Date is called? - The
Policy Term (Usually 6 Months or 1 Year)

What is the difference between Policy Term and Policy Period? - Can be multiple
Periods within a Term

Submissions are? - The transaction in GuideWire that will create a Policy, either as a
Quote or Binded & Issued.

Most TSubmissions Tdo Tnot Tend Tin Ta TPolicy Tbecause? T- T TInsured Tdoes Tnot Tqualify Tfor Tthe
Tinsurance Tor Tan Tacceptable Tquote Tis Tnot Tfound.




What Tare TPolicy TChanges? T- T TThey Twill Tchange Tsome Taspect Tof Tthe TPolicy Tbefore Tthe
TExpiration TDate. TChanges Tcould Tbe:

- TCoverables Tadded Tor Tremoved Tfrom Tthe TPolicy
- TCoverages Tadded Tor Tremoved Tfrom TCoverables
- TCoverage TTerms Tto Tbe Tmodified.

How Tis Ta TMaterial TChange Tdifferent Tfrom Ta TPolicy TChange? T- T TMaterial TChange Twill
Taffect Tthe Titem Tcovered, Teg TCars T/ TBuildings.




What Tis TRenewal? T- T TRenewal Thappens Tat Tthe Tend Tof Ta TPolicy, Tand Tusually Ta TPolicy Tis
Trenewed Twith Tthe Tsame Tconditions Tas Tthe Tprevious Tterm Tand Tmay Tinclude Tchanges Tto

Tcoverables, Tcoverages Tor Tpremiums. TIf Ta Tpolicy Tis Tnot Trenewed Tthen Tit Twill Tsimply

Texpire.




What Tis Ta TPolicy TCancellation? T- T TPolicies Tcan Talso Tbe Tcancelled T(before Tits Texpiration
Tdate) Teither Tby Tthe Tinsurer Tor Tthe Tinsured Teither Tbecause Ta Tbetter Tquote Twas Tfound

Twith Tanother Tprovider Tor Tbecause Tthe Tinsured Tdid Tnot Tkeep Tup Ttheir Tpremium

Tpayments.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Mboffin. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.99
  • (0)
  Add to cart