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Guidewire Policy Center Professional Exam 2024-2025. Questions and Correct Answers. Graded A
Typology: Exams
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2 Ways to create documents โ ANS
A clause can have multiple subclauses of multiple levels Color codes in sotry cards - ANSDark Green - Coverage attributes Light Green - Coverage Term Attributes Lightest green - Coverage Term Option attributes Components of UW authority - ANSUW Issue - a specific occurance on a policy transaction where an UW condition was true. Created when a condition gives undesirable results based on data on the policy or account. These can stop jobs until approved UW Rule - Describes how the policy transaction is affected by the UW issues and how issues can be approved. Rules include conditions which will raise an UW issue Authority Grant - The ability to approve UW issues and to what degree Authority profile - a group of authorities that can be given to a user, allowing the user to approve UW issues Coverage Pattern Attributes - ANSDetermines whether or not each relevant coverage is offered on a policy and whether the user can accept or decline Coverage Table - ANSEach coverage is associated with a coverage lookup table storing availability criteria for coverages
Document Production - ANSCreate a draft document by merging Template with Field Values Endorsement numbers - ANSIndicates the order that a form was added to the policy (apply to a specific policy period (sequential starting at 1) Examples of PC functional requirements (6) - ANS1. Product - coverages and coverage terms
The can have access to ao build groups, org and permissions for their own orgs but not others How to override an automatic renewal - ANSPre-configure renewal directions - this puts the expiring term into either automatic nonrenewal or manual renewal Info you need to write Forms requirements (9) - ANS1. Form number
Rules for groups (5) - ANS1. Users can belong to more than 1 group
Steps to creating a submission/policy (12) - ANS1. Offering - allows the insurers to define product types based on existing base product definitions