2013 Clpc Brain Buster #3

5 Questions | Total Attempts: 37

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Brain Quizzes & Trivia

Questions and Answers
  • 1. 
    Who is responsible for creating & sending the Request Letter on a multi-line New Business, Amendment, or Renewal?
    • A. 

      1st Processor

    • B. 

      Last Processor

    • C. 

      Processor who owns the LOB the infomation is for

    • D. 

      Underwriter

  • 2. 
    If inaccurate documentation is made, feedback will be assigned even when the documentation is not required.
    • A. 

      True

    • B. 

      False

  • 3. 
    If a loan # is given for a Mortgagee or Loss Payee, it does not need to be keyed.
    • A. 

      True

    • B. 

      False

  • 4. 
    When FYIs are sent to Underwriting, documentation should be added to the task.
    • A. 

      True

    • B. 

      False

  • 5. 
    When a request is received to update information from a Commercial Request Letter or System Generated Letter sent at Renewal or New Business, what effective date should be used?
    • A. 

      Posted date on the email

    • B. 

      Scanned date on the fax

    • C. 

      Policy effective date

    • D. 

      Task received date

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