AINS Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete and Accurate)

AINS 21 Segment B (Chapters 4-6) Rated A+ claim a demand by a person or business seeking to recover from an insurer for a loss that may be covered by an insurance policy claimant anyone who submits a claim to an insurer first party the insured in an insurance contract third party a p...

AINS 21 Segment A (ch 1-3) Latest 2024 Rated 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 adverse effects of accidental losses o...

AINS 102: Understanding Personal Insurance Latest 2024 Rated A+ Arbitration An alternative dispute resolution (ADR) method by which disputing parties use a neutral outside party to examine the issues and develop a settlement, which can be final and binding. Attachment The act of seizing pro...

AINS 21 - Segment A Questions and Answers Graded A+ 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 the cost of losses. A loss exposure is: A. An...

AINS 102 LATEST UPDATE GRADED A+ Property loss exposure A condition that presents the possibility that a person or an organization will sustain a loss resulting from damage (including destruction, taking, or loss of use) to property in which that person or organization has a financial interest....

AINS 23 Full Practice Exam Questions with Verified Solutions 1) Clarence entered into a contract bond that guarantees his insulation work will be free from defects in materials and workmanship for a specified period of five years after completion of the work. The type of bond used by Clarenc...

AINS 103 Questions and Answers Graded A+ 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. Cus...

AINS 103 Test Questions and Answers Rated A+ Workers compensation benefits include which one of the following? Rehabilitation benefits 3 multiple choice options When a clothing manufacturer decides to expand the sale of its clothing line by offering internet purchases, it creates new expos...

AINS 103 Questions and Answers 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, machinery and equipment, and stock/inventory. C. Tangible property that in...

AINS 103 Exam Review Questions with Verified Solutions In property insurance, the term "property in transit" refers to which one of the following? C. Property while being transported by trucks, cars, buses, trains, airplanes, and ships Extra expenses are expenses, in addition to ordinary...

AINS 21 Chapter 1 Latest Update Graded A+ As a single mother on a very tight budget, Ciara is tempted to skimp on her insurance. However, her friend Mehmet tells her not to skimp on insurance, because it will help manage her cash flows. Which one of the following examples best illustrates Me...

AINS Chapter 6 Questions and Answers 100% Pass The best description of a first-party claim is a claim Select one: A. Made by the insurer against the policyholder. B. Made by the liable party against the policyholder. C. Made by the policyholder against someone to whom the policyhol...

AINS 21 Practice Exam Questions and Answers Rated A+ when selecting a distribution channel, which one of the following is important consideration with regard to customer needs and characteristics Which of the following statements is correct regarding characteristics of ideally insurable l...

AINS 21 Questions and Answers Rated 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). [Essentially, I'm giving the risk of financial l...