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AINS 103 Questions With All Verified Answers 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, machinery and equipment, and stock/inventory. C. Tangible property that includes...

AINS 103 Questions & Answers Loss exposure - ANS-Any condition or situation that presents a possibility of loss, whether or not an actual loss occurs. Property loss exposure - ANS-A condition that presents the possibility that a person or an organization will sustain a loss resulting from dama...

AINS 103- Chapter 3 Exam Review Solution What does a commercial general liability coverage form protect? - ANS-An organization against financial losses stemming from liability for damages to people or property. Jenny owns a convenience store. A customer slipped and fell in an aisle but only req...

AINS 103 Questions & Answers 2023 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 the store is congested from 4:30am to 5:30am. Customer traf...

AINS 103- Chapter 6 Questions & Answers All Accurate With advancements in technology, underwriting data is becoming increasingly abundant and more reliable. These technological advancements changed underwriting in which one of the following ways? - ANS-More insurers are turning to automated syst...

AINS 103 Ch.5 Business owners policies (BOP) - ANS-Designed for small to mid sized businesses Most BOP eligibility rules are based on critera relatred to business size and complexity of loss exposures such as total square footage of the floor area, annual gross sales, building height, business t...

AINS Ch. 3 Quiz Questions & Answers 2023 During a business interruption, some of the organization's expenses, called continuing expenses, will continue, and other expenses, called noncontinuing expenses, will not continue. Which one of the following is an example of a continuing expense? - ANS...

AINS Commercial Insurance (Accurate Solution With Questions & Answers) Professional liability and management liability policies can provide duty-to-defend coverage in the same manner as the typical commercial general liability policy. However, some professional liability policies provide defens...