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Questions and Answers
What is the primary purpose of the settlement process?
What is the primary purpose of the settlement process?
- To initiate a lawsuit
- To close and distribute a case (correct)
- To investigate a claim
- To negotiate attorney fees
Which document outlines the terms of the settlement agreement from the defendant’s insurance?
Which document outlines the terms of the settlement agreement from the defendant’s insurance?
- Declaration Page
- Settlement Check
- Settlement Letter (correct)
- Bodily Injury Release Form
Why are Bodily Injury (BI) Release Forms important?
Why are Bodily Injury (BI) Release Forms important?
- They outline the policy coverage limits
- They confirm the plaintiff’s acceptance of the settlement amount (correct)
- They list the defendant’s assets
- They detail the medical expenses covered
What does an affidavit waiver for asset search do?
What does an affidavit waiver for asset search do?
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What information do the declaration pages from the defendant’s insurance provide?
What information do the declaration pages from the defendant’s insurance provide?
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Which document needs to be double-checked for accuracy in settlement terms?
Which document needs to be double-checked for accuracy in settlement terms?
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When should Medi-Cal final liens be requested ?
When should Medi-Cal final liens be requested ?
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What should always be obtained from the defendant’s insurance?
What should always be obtained from the defendant’s insurance?
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What is a critical task to ensure the successful conclusion of a case?
What is a critical task to ensure the successful conclusion of a case?
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Which system is recommended for tracking tasks and document management?
Which system is recommended for tracking tasks and document management?
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