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GuideWire Fundamentals Questions with
Detailed Verified Answers (100% Correct
Answers) /Already Graded A+
Every Policy will have these two things
Ans: Effective Date & Expiration Date
The Period of time between the Effective Date and Expiration Date is called?
Ans: The Policy Term (Usually 6 Months or 1 Year)
What is the difference between Policy Term and Policy Period?
Ans: Can be multiple Periods within a Term
Submissions are?
Ans: The transaction in GuideWire that will create a Policy, either as a Quote or Binded &
Issued.
Most Submissions do not end in a Policy because?
Ans: Insured does not qualify for the insurance or an acceptable quote is not found.
What are Policy Changes?
GuideWire Fundamentals Questions with
Detailed Verified Answers (100% Correct
Answers) /Already Graded A+
Every Policy will have these two things
Ans: Effective Date & Expiration Date
The Period of time between the Effective Date and Expiration Date is called?
Ans: The Policy Term (Usually 6 Months or 1 Year)
What is the difference between Policy Term and Policy Period?
Ans: Can be multiple Periods within a Term
Submissions are?
Ans: The transaction in GuideWire that will create a Policy, either as a Quote or Binded &
Issued.
Most Submissions do not end in a Policy because?
Ans: Insured does not qualify for the insurance or an acceptable quote is not found.
What are Policy Changes?