AINS 103 EXAM LATEST 2024 WITH ACTUAL QUESTIONS
AND CORRECT VERIFIED ANSWERS/ALREADY GRADED A+
100% GUARANTEED TO PASS CONCEPTS(ALL WHAT YOU
NEED) LATEST EDITION 2024
In property insurance, the term "property in transit" refers to which one of the
following? - ANSWER-C. Property while being transported by trucks, cars,
buses, trains, airplanes, and ships
Extra expenses are expenses, in addition to ordinary expenses, that an
organization incurs to mitigate the effects of a business interruption. Which
one of the following is an example of an extra expense? - ANSWER-B. Cost to
rent temporary office space
Radley Contracting Company is installing new signage on the front of a building.
George, a passerby walking near the building is injured when a Radley
employee accidentally drops a tool from a crane. George likely has the ability to
assert which one the following types of claim? - ANSWER-B. Premises and
operations liability
Which one of the following entities would likely have the greatest completed
operations loss exposure? - ANSWER-A. Paul the plumber
, A carrier that is prevented by an accident from delivering the cargo aboard its
ship may face an exposure called loss of freight, which is - ANSWER-B. The
compensation the carrier receives for transporting cargo.
To be covered under a workers compensation statute, an injury or disease (in
most states) must meet which one of the following requirements? - ANSWER-
A. Arise out of employees' job-related injuries and diseases
The unauthorized intrusion into a company's computer network resulting in
damage to intellectual property is best classified as which one of the following
types of cyber liability exposures? - ANSWER-D. Intangible property
An email was sent to a company's employees containing a harmful attachment.
Several employees opened the attachment which allowed hackers to obtain
customer contact information. This cyber risk loss is - ANSWER-D. Damage to
intangible property.
NH Manufacturing insures its building and personal property under the
commercial property coverage part of a commercial package policy (CPP).
During a blizzard, a portion of the building's roof collapsed from the weight of
snow. The risk manager pulled out the CPP to make sure that the building was
covered for this type of loss. Which one of the following components of the
commercial property coverage part would provide the risk manager with
information on the covered perils? - ANSWER-A. Causes of loss form
Which one of the following is one of the covered causes of loss in the
commercial property policy Causes of Loss—Basic form? - ANSWER-Vandalism
Billy owns a baseball souvenir store in Cooperstown, NY. He insured his store
under a Building and Personal Property Coverage Form (BPP) with a $275,000
limit and a $1,500 deductible. A large fire in the store caused significant
AND CORRECT VERIFIED ANSWERS/ALREADY GRADED A+
100% GUARANTEED TO PASS CONCEPTS(ALL WHAT YOU
NEED) LATEST EDITION 2024
In property insurance, the term "property in transit" refers to which one of the
following? - ANSWER-C. Property while being transported by trucks, cars,
buses, trains, airplanes, and ships
Extra expenses are expenses, in addition to ordinary expenses, that an
organization incurs to mitigate the effects of a business interruption. Which
one of the following is an example of an extra expense? - ANSWER-B. Cost to
rent temporary office space
Radley Contracting Company is installing new signage on the front of a building.
George, a passerby walking near the building is injured when a Radley
employee accidentally drops a tool from a crane. George likely has the ability to
assert which one the following types of claim? - ANSWER-B. Premises and
operations liability
Which one of the following entities would likely have the greatest completed
operations loss exposure? - ANSWER-A. Paul the plumber
, A carrier that is prevented by an accident from delivering the cargo aboard its
ship may face an exposure called loss of freight, which is - ANSWER-B. The
compensation the carrier receives for transporting cargo.
To be covered under a workers compensation statute, an injury or disease (in
most states) must meet which one of the following requirements? - ANSWER-
A. Arise out of employees' job-related injuries and diseases
The unauthorized intrusion into a company's computer network resulting in
damage to intellectual property is best classified as which one of the following
types of cyber liability exposures? - ANSWER-D. Intangible property
An email was sent to a company's employees containing a harmful attachment.
Several employees opened the attachment which allowed hackers to obtain
customer contact information. This cyber risk loss is - ANSWER-D. Damage to
intangible property.
NH Manufacturing insures its building and personal property under the
commercial property coverage part of a commercial package policy (CPP).
During a blizzard, a portion of the building's roof collapsed from the weight of
snow. The risk manager pulled out the CPP to make sure that the building was
covered for this type of loss. Which one of the following components of the
commercial property coverage part would provide the risk manager with
information on the covered perils? - ANSWER-A. Causes of loss form
Which one of the following is one of the covered causes of loss in the
commercial property policy Causes of Loss—Basic form? - ANSWER-Vandalism
Billy owns a baseball souvenir store in Cooperstown, NY. He insured his store
under a Building and Personal Property Coverage Form (BPP) with a $275,000
limit and a $1,500 deductible. A large fire in the store caused significant
