Question

What is "TAT" in the context of insurance claims?

a.

Total Amount of Transaction

b.

Turnaround Time

c.

Total Assessment of Total loss

d.

Timely Approval Threshold

Answer: (b).Turnaround Time Explanation:"TAT" stands for "Turnaround Time," which is the time taken for claims processing.

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Q. What is "TAT" in the context of insurance claims?

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