Insurance ains - Study guides, Class notes & Summaries

AINS 102 Questions With Correct Answers All of the following items are examples of personal property, EXCEPT: Select one: A. Sports equipment B. Silverware C. A fishing boat D. Underground pipes - ANS-Underground pipes Which one of the following statements regarding assets exposed to loss is true? Select one: A. Real property includes only tangible property.Correct. All real property is tangible property having a physical form that can be seen or touched. Personal property can includ...

AINS 102 UPDATED PT 1 Questions & Answers Which one of the following is considered real property? Select one: A. An automobile B. A house C. Furniture D. A motorhome - ANS-B The Davis family suffered extensive fire damage to its home and was temporarily unable to inhabit it. The family was forced to rent a hotel room while its home was under repair. The cost incurred to rent the hotel room is referred to as which one of the following outcomes of loss? Select one: A. Lost income B....

AINS 101 EXAM / 80+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+. AINS 101 1. The two main sectors of the insurance industry are: Property-casualty insurance and life-health insurance. 2. Because insurance contracts impose an obligation for ethical practices and behaviors on the parties while dealing with one another, an insurance contract is called a: Contract of utmost good faith. 3. Earned premiums are shown on an insurer's income statement because they are: Revenues 4. De...

AINS 101 Qs&As 2023 Actual cash value (ACV) - ANS-The cost to replace property with new property of like kind and quality less depreciation. Adverse selection - ANS-Insuring individuals with a high probability of loss at a cost lower than the insurer would normally charge for that risk because it wasn't aware of the actual risk involved. Binder - ANS-A temporary written or oral agreement to provide insurance coverage until a formal written policy is issued. Book of business - ANS-A gr...

AINS 101 | ASSOCIATE IN INSURANCE (AINS) EXAM | QUESTIONS AND VERIFIED ANSWERS GRADED A+ | UPDATED 2024/2025 AINS 101 | ASSOCIATE IN INSURANCE (AINS) EXAM | QUESTIONS AND VERIFIED ANSWERS GRADED A+ | UPDATED 2024/2025 AINS 101 | ASSOCIATE IN INSURANCE (AINS) EXAM | QUESTIONS AND VERIFIED ANSWERS GRADED A+ | UPDATED 2024/2025

AINS 101 EXAM | INSURANCE EXAM CORRECTLY ANSWERED AND RATED A+ | 2024/2025 GUIDE AINS 101 EXAM | INSURANCE EXAM CORRECTLY ANSWERED AND RATED A+ | 2024/2025 GUIDE AINS 101 EXAM | INSURANCE EXAM CORRECTLY ANSWERED AND RATED A+ | 2024/2025 GUIDE

AINS 101 | Associate in Insurance | 150+ Questions and 100% Correct Answers | Latest 2024/2025 AINS 101 | Associate in Insurance | 150+ Questions and 100% Correct Answers | Latest 2024/2025 AINS 101 | Associate in Insurance | 150+ Questions and 100% Correct Answers | Latest 2024/2025

AINS 101 EXAM | INSURANCE PRACTICE EXAM QUESTIONS AND ANSWERS RATED A+ | 2024/2025 GUIDE AINS 101 EXAM | INSURANCE PRACTICE EXAM QUESTIONS AND ANSWERS RATED A+ | 2024/2025 GUIDE

AINS 102 EXAM (UNDERSTANDING PERSONAL INSURANCE EXAM) ACTUAL EXAM 400+ QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS).

AINS 102 EXAM (UNDERSTANDING PERSONAL INSURANCE EXAM) ACTUAL EXAM 300 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)