The Insurance Claim application has a file for Claim Information which is used to capture...

Vendor: IFPUG
Product: I40-420
Update on: Oct 15, 2025
Questions: 249

IFPUG I40-420 Question Answer

The Insurance Claim application has a file for Claim Information which is used to capture 127 pieces of data about each claim that is submitted. The Claim Information file stores the data in four groups: insurance policy holder, claimant, nature of the claim, and scanned images of all documents related to the claim such as receipts and photos. How would the Claim Information file be counted?

1 ILF with 4 RETs/127 DETs

1 ILF with 3 RETs/126 DETs (scanning is technical so the images aren’t counted)

1 Claim ILF with 3 RETs/126 DETs and 1 Image ILF with 1 RET/1DET

1 Claim ILF with 1 RET/125 DETs and 1 Image ILF with 2 RETs/2 DETs