Ains 103 business - Study guides, Class notes & Summaries
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AINS 103 Ch.1, Ains 103 Ch.2, Ains 103 ch.3, Ains 103 Ch.4, AINS 103 Ch.5, Ains 103 Ch. 6 Combined Sets Questions With Correct Verified Answers
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AINS 103 Ch.1, Ains 103 Ch.2, Ains 103 
ch.3, Ains 103 Ch.4, AINS 103 Ch.5, Ains 
103 Ch. 6 Combined Sets Questions With 
Correct Verified Answers 
Commercial property loss exposures - ANSWER any condition 
that presents the possibility that an organization will sustain a loss 
resulting from damage or theft of its prop 
What is the most important elements of commerical property loss 
exposures that matter the most to insurance prof - ANSWER 
causes of loss, property exposed to loss, fina...
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AINS 103 Study Guide (Latest 2023/ 2024 Update) Exploring Commercial Insurance | Complete with Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 85 pages • 2023
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AINS 103 Study Guide (Latest 2023/ 2024 Update) Exploring Commercial Insurance | Complete with Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Marine insurance includes both ocean and inland marine coverage in the U.S. only 
 
 
Answer: 
TRUE 
 
 
 
Q: Disease thought to be caused by work or the work environment. 
 
 
Answer: 
Occupational disease 
 
 
 
Q: A description of the property insured would be located on the ________ _____ of a CPP 
 
 
Answer: 
Declarations page 
 
 
 
Q: ...
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AINS 103 (New 2023/ 2024 Update) Exploring Commercial Insurance Exam Review _ Questions and Verified Answers_ 100% Correct_ Graded A
- Exam (elaborations) • 20 pages • 2023
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AINS 103 (New 2023/ 2024 Update) 
Exploring Commercial Insurance Exam 
Review _ Questions and Verified Answers_ 
100% Correct_ Graded A 
 
QUESTION 
 Jenn is a producer for Goshen Mutual. She is trying to determine if a new prospect, Mr. 
Cooper's Café is eligible for the businessowners policy (BOP). Mr. Cooper's Café is a small 
restaurant located on the first floor of an office building, serving only breakfast and lunch. 
Cooking on the premises is limited to coffee makers, a grill, and...
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AINS 103 | All Practice Questions and Answers 100% Solved
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AINS 103 | All Practice Questions and 
Answers 100% Solved 
Which one of the following best describes real property? 
Select one: 
Property being shipped to or from others. 
Business personal property that includes furniture, machinery and equipment, and 
stock/inventory. 
Tangible property that includes land, structures permanently attached to the land, and whatever is 
growing on the land. 
Vehicles, merchandise, furniture, tools, and similar items. - C. Tangible property that 
includ...
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AINS 103 | (All Practice Questions from the Course) with 100 % correct answers | Verified& Updated 2024 | Already Passed
- Exam (elaborations) • 100 pages • 2024
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AINS 103 | (All Practice Questions from the Course) 
with 100 % correct answers | Verified& Updated 2024 
| 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 includes land, structures permanently attached to the land, and 
whatever is growing on the land. 
D. Vehicles, merchandise, furni...
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AINS 103 Test Questions And Answers All Verified
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AINS 103 Test Questions And Answers All Verified 
 
 
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 exposures not otherwise covered, or not fully covered, by a traditional policy. These include 
Loss or damage caused by computer viruses. 
3 multiple choice options 
 
 
Which one of the following s...
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AINS 103 Exam Questions With Verified Answers
- Exam (elaborations) • 58 pages • 2024
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AINS 103 Exam Questions With 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 land, structures permanently attached to the land, and whatever is growing on the land. 
D. Vehicles, merchandise, furniture, tools, and similar items. - ANS C. Tangible property that includes l...
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AINS 103 (New 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice _Questions and Verified Answers_ 100% Correct_ Graded A
- Exam (elaborations) • 196 pages • 2023
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AINS 103 (New 2023/ 2024 Update) 
Exploring Commercial Insurance Exam 
Practice _Questions and Verified Answers_ 
100% Correct_ Graded A 
 
QUESTION 
 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 
Select one: 
A. The compensation the carrier receives for transporting cargo. 
B. A penalty the carrier pays the shipper for nondelivery. 
C. The liability for loss or damage to the cargo entrusted to it. ...
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AINS 103 | (All Practice Questions from the Course) with 100 % correct answers | Verified& Updated 2024 | Already Passed
- Exam (elaborations) • 100 pages • 2024
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AINS 103 | (All Practice Questions from the Course) with 100 % correct answers | Verified& Updated 2024 | 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 includes land, structures permanently attached to the land, and whatever is growing on the land. 
D. Vehicles, merchandise, furniture...
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AINS103 Practice Questions, AINS 103 Exam Questions With Verified Solutions
- Exam (elaborations) • 85 pages • 2024
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AINS103 Practice Questions, AINS 103 Exam Questions With Verified Solutions In property insurance, the term "Property in Transit" refers to which one of the following? - ANS 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? - ANS Cost to rent tempor...
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