AINS 101 Exam Questions and Answers – Latest Update
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Course
2024/2025
Institution
2024/2025
AINS 101 Exam Questions and Answers –
Latest Update
Which of the following is an example of a legal requirement for individuals that could be met
through insurance?
a. contributing to the growth of the organization
b. paying for losses
c. obtaining personal auto insurance
d. providing a so...
d. policy holders' surplus - Answer✔✔-b. specific characteristics of the insured's operation
Exposure unit to the type of insurance it's typically used for:
Each vehicle - Answer✔✔-auto
Exposure unit to the type of insurance it's typically used for:
Each $100 of insured value - Answer✔✔-commercial property
Exposure unit to the type of insurance it's typically used for:
Each $1,000 of gross sales - Answer✔✔-general liability
Exposure unit to the type of insurance it's typically used for:
Each $1,000 of insured value - Answer✔✔-homeowners
Exposure unit to the type of insurance it's typically used for:
Each $100 of payroll - Answer✔✔-workers comp
Maria accidentally rear-ended Kenneth at a stop light. After the two made sure they were both
uninjured, they exchanged insurance information. Shortly afterward, Kenneth called Maria's
insurer and talked to Javier to report the damages to his car.
______ is the claim's representative. - Answer✔✔-Javier
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