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TRANS CITY/PRODUCT QUIZ Flashcards | StudBud
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TRANS CITY/PRODUCT QUIZ
TRANS CITY/PRODUCT QUIZ
20 terms
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StudBud Administration
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102 plays
Product Comprehension
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
A tire must have at least ____ tread depth in order to pay a claim.
3/32"
10/32"
2/32"
4/32"
2
SAFE-GAP waives up to how much on a covered total loss?
150% of MSRP / NADA value
$100,000
Unlimited
$150,000
3
Which of the following are exclusions for Safe-Gap Protection?
Dishonest or fradulent acts
Delinquent payments
DUI
All of the above
4
Which of the following is true for Safe-Gap?
All commericial vehicles are excluded, including those used for Uber / Lyft
Maximum GAP claim benefit is $50,000
If customer has no primary insurance at time of loss, no payout paid
Can be sold on vehicles with MSRP up to $150,000
5
Credit Life benefits are taxable?
False
True
6
You do NOT have to be hospitalized to collect Credit Disability Insurance benefits.
False
True
7
Credit Disability: What are the maximum numbers of claims allowed?
Unlimited
Depends on what was sold
1
5
8
Which of the following are benefits of Disability Insurance
Deductible of only $500 per claim
All are correct
Hospitalization is required
Pays in addition to any other insurance or benefit
9
Key Replacement does not cover?
Additional programmable keys.
Office key for a standard lock.
Lockout assistance.
Locksmith services for your home.
10
Best practices would be to offer customers which level of VSC coverage?
Silver
Platinum
Power Train
The one that makes the $$$
11
When can customer purchase Premier Tire and Wheel?
Anytime BEFORE the Factory Warranty expires
up to 90 days after sale date
up to 30 days after sale date
Time of sale ONLY
12
What is the MAXIMUM payout for a T&W claim?
$10,000 total
Unlimited
$1000 per occurrence
$5000 total
13
Best practice is to meet your customer ______ they come into the Business Office.
Do NOT meet your customer
BEFORE
AFTER
It doesn't matter
14
Paintless Dent Repair (PDR) does NOT include?
Dents larger than 4"
Dents that cause damage to the paint
Dents on Non-metallic surfaces
All of the above
15
How much cash benefit would a Theft Protection pay for a stolen vehicle claim?
up to $5000
$2500
$0 paid to Customer
$1500
16
Which of the following are benefits of the Credit Life Insurance
No medical exam required
All of the above
Rate is same regardless of age
Pays off gross balance of loan in event of death
17
Which statement is NOT true in regards to Tire & Wheel?
Transferrable
Available at time of sale ONLY
Covers tires with a tread depth below 3/32"
Covers aftermarket tires
18
What is the MAXIMUM # of claims allowed with Paintless Dent Repair (PDR)?
10 claims
Unlimited
5 claims
50 claims
19
GAP Protection covers contract terms up to _____ months?
84 months
60 months
72 months
96 months
20
Which of the following is NOT a benefit of Safe-Key?
Unlimited occurrences
$200 in Towing assistance
Cost of replacement of key
$100 in 24-hr lock out assistance for vehicle/home per occurrence
