Ains 101 - Study guides, Class notes & Summaries

AINS 101 SIMULATED EXAM QUESTIONS AND ANSWERS

AINS 101 EXAM WITH 110+ QUESTIONS AND CORRECT ANSWERS 2024 UPDATE GRADED A+ ACTUAL EXAM

AINS 101 Questions With 100% Accurate Review Solution Answers 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 source of investment funds - ANS-c. obtaining personal auto insurance A fire destroys the kitchen in Rob and Laurie's home. Which insurance policy would provide coverage for the damage? a...

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 - Increasing Your Insurance IQ Exam Questions And Answers Which of the following represents uncertainty about outcomes that can be negative or positive? - answerRisk The primary role of insurance is to - answerIndemnify individuals and organizations for covered losses. The insurance agent suggested that Sally's Snack Shop buy a policy that combines property, crime, and liability coverage into one policy. This is referred to as as a(n) - answerCommercial package policy (CPP) Co...

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 | 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