Bundle:: AINS 101 Exams with 100 % correct answers | Verified Latest 2024 Graded A+

AINS 24 | 351 Question with 100 % Verified Solutions | Verified& Updated 2024 | Already Passed Major roles of insurance - Risk management to deal with loss exposures; transfer system of financial loss from insured to insurer; business sufficient to pay claims and provide profit; contract between...

AINS 103 | 50 Question with 100 % Verified Solutions | Verified& Updated 2024 | Already Passed Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store has contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the rear of...

AINS 103 | (All Practice Questions from the Course) with 100 % correct answers | Verified& Updated 2024 | Already Passed Which one of the following best describes real property? Select one: A. Property being shipped to or from others. B. Business personal property that includes furniture, mach...

AINS 21 Segment A | 70 Questions with 100 % correct answers | Verified& Updated 2024 | Already Passed Though premiums are an obvious cost of insurance, many insureds believe they are too high because - Benefits are intangible until a loss occurs. Pravalt Construction Company pays less than its c...

AINS 21 - Segment A | 137 Questions with 100 % correct answers | Verified& Updated 2024 | Already Passed From a risk management viewpoint, insurance is used to A. Prevent the cost of losses B. Reduce the cost of losses C. Transfer the cost of losses D. Isolate the cost of losses. - C. Transfer...

AINS 21 Segment A | 124 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ 4 roles of insurance - 1. risk management technique 2. transfer system 3. business 4. contract loss exposure - any condition or situation that presents a possibility of loss, whether or not actual ...

AINS 101 | 112 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ Bill is an insurance producer for and employed by ABC Insurance Company (ABC). He represents only ABC when marketing insurance products, and uses an administrative staff also employed by ABC. Bill is a produce...

AINS 21 Glossary | 286 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ loss exposure - any condition or situation that presents the possibility of a loss law of large numbers - a mathematical principle stating that as the number of similar but independent exposure units i...

AINS 21 | 276 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ Loss Exposure - Any condition or situation that presents a possibility of loss, whether or not an actual loss occurs. Risk Management - The process of making and implementing decisions that will minimize the a...

AINS 21 | 164 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ What is insurance? - It's a transfer system, business, and contract. What is a transfer system in insurance? - One party (the insured), transfers the risk of financial loss to another party (the insurer). [Ess...

AINS 21 | 113 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ Which one of the following is an opportunity cost of insurance? - An insured's funds that could be invested elsewhere if purchasing insurance were not necessary is an example of an opportunity cost of insuranc...

AINS 102 | Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ All of the following items are examples of personal property, EXCEPT: Select one: A. Sports equipment B. Silverware C. A fishing boat D. Underground pipes - Underground pipes Which one of the following stateme...

AINS Quiz | 713 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ Umbrella liability policies almost always provide excess coverage over several primary policies while include all of the following, EXCEPT: - Commercial general liability - Auto liability - Replacement liab...

AINS Practice Exam Review | 91 Question with 100 % correct answers | Verified& Updated 2024 Graded A+ One distinguishing feature between independent agency systems and other marketing systems is the... - agency expiration list Foreign Insurer - An insurer licensed to operate in a state but incor...