Which of the following is an example of a field in a claims database?

Prepare for the Guidewire Insurance Suite Analyst Test. Use flashcards and multiple choice questions with hints and explanations. Ace your exam!

The selection of ClaimReportDate as the correct answer is appropriate because it specifically refers to a critical piece of information within a claims database. This field captures the date when a claim was reported, which is essential for tracking the timeline of the claims process, establishing reporting obligations, and managing the claim lifecycle.

In a claims database, each field serves to represent specific attributes about the claim, and the ClaimReportDate is significant in determining when the claim was initiated. This information can be crucial for various aspects of claims management, including determining the duration for which a claim is active, assessing compliance with reporting deadlines, and managing customer interactions.

The other examples, while also valid fields that one might encounter in claims databases, serve different contextual roles and are not specifically identified in the question. For instance, TotalAmount refers to the monetary value associated with the claim, PolicyHolderName provides the identity of the insured party, and IncidentType categorizes the nature of the claim. While all are important, ClaimReportDate distinctly emphasizes a temporal dimension crucial for operational processes within claims handling.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy