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The AINS 103 Exam Test Bank includes verified questions with 100% correct answers, fully updated for 2025/2026. This resource is designed to help students prepare effectively for the AINS 103 exam, covering essential topics such as insurance operations, underwriting practices, claims processes, regulatory compliance, and industry standards. Each question is accurate and reliable, making this test bank a trusted study tool to strengthen knowledge, improve exam performance, and boost confidence. ...

AINS 103 Exam | Questions with 100% Correct Answers | Latest Update

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 land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. C. Tangible property that includes land, structures permanently attached to the...

AINS 103 EXAM LATEST 2025/ 2026 ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY GRADED A+| ||LATEST EXAM!!!|| ||BRANDNEW!!!||

A commercial building may contain furniture, machinery and equipment and finished products. Which one of the following is the term generally used in property insurance policies to refer to all these types of property? A. Stock B. Inventory C. Business personal property D. Commercial property - ANSWERC. Business personal property In business income insurance, the expenses that an organization would not have incurred if the business interruption had not occurred are called A. Continuin...

Loss exposure - ANSWERAny condition or situation that presents a possibility of loss, whether or not an actual loss occurs. Property loss exposure - ANSWERA 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. Real property (realty) - ANSWERTangible property consisting of land, all structures permanently att...

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 land, structures permanently attached to the land, and whatever is growing on the land. D. Vehicles, merchandise, furniture, tools, and similar items. - ANSWERC. Tangible property that includes land, structures permanently attached to the land, ...

Loss exposure - ANSWERAny condition or situation that presents a possibility of loss, whether or not an actual loss occurs. Property loss exposure - ANSWERA 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 Real property (Realty) - ANSWERTangible property consisting of land, all structures permanently atta...

Occupational injury - ANSWERGenerally, an employee is covered for any work-related injury sustained while at a place of employment or while traveling for the employer. Injuries occurring while traveling to or from work are typically not covered. Occupational disease - ANSWERGenerally, an employee is covered for a disease thought to be caused by the work or the work environment. Most occupational diseases become evident during employment or soon after an employee's exposure to harmful condi...