Check your MTA knowledge !
Check Your MTA Knowledge!
Test your understanding of MTA (Mid Term Adjustment) policies with our engaging quiz! Whether you are a seasoned professional or just getting started, this quiz will help you assess your knowledge and learn more about MTA processes.
Key features:
- Multiple choice questions
- Covers various scenarios and policies
- Score as you go!
When can you initiate the MTA on a policy ?
On a live pending policy
On a Live policy
On a Renewed policy
On a Adjustment Live policy
All of the above
After the policy is updated/changed the resulting MTA premium can be -
A return premium and An additional premium
Refund premium
Positive Premium
All of the above
If the last take up payment method is by Credit card then at MTA customer can pay through-
Existing Debit card only
Credit Card only
Both Credit and Debit card
Create a new Direct Debit to pay
If the last take up payment method is by Debit card then at MTA customer can pay through-
Existing Direct Debit
Credit card
Both A and B
Customer cannot pay
If the total payable at MTA is 0 then what is the next screen user is taken to ?
MTA premium screen to make the payment
Payment screen to confirm the payment
Abandon MTA screen and user comes back to Policies screen
Confirmation screen for wintrix to process and user is taken to MTA confirmation page MTA
When the customer has a refund due at MTA with a successful direct debit on last take up then the refund will be processed on-
Only able to update DD (Direct Debit)
Can refund on card
Customer can specify the card details for refund
Customer wouldn't need to specify anything
When the customer has a refund due at MTA with a successful Credit card on last take up then the refund will be processed on-
Refund on card message
Can set up new direct debit details
Either on a card or direct debit
Both B and C
If you abandon the MTA on MTA premium page what should be the policy status ?
Live Pending
Adjustment Pending
Adjustment Live
Live
When does the option to Cancel the Pending MTA gets enabled ?
After the MTA is taken up
As soon as user makes the payment
For the policy status - 'Adjustment Pending'
If user abandons the MTA
When can you see the ' Cancel Pending Adjustment' button enabled for a MTA'd policy ?
For a MTA done with future effective date/time
Abandoned MTA
When customer pays through a credit card
When customer pay through direct debit
What will the policy status return to after you have cancelled the pending MTA ?
Adjustment cancelled
Adjustment pending
Live
Adjustment Live
Where can you see that MTA has been taken up on your policy ?
By selecting Policy History option on highlighted policy
By selecting Amend Policy option on highlighted policy
By selecting Policy Summaryoption on highlighted policy
None of the above
What is MTA comparison screen ?
Compares previous and recent premium only
Compares between the previous and current (MTA'd) policy details
Compares the breakdown of MTA quote result comments
All of the above
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