Ains 102 questions - Study guides, Class notes & Summaries

C. Uninsured motorist (UM) Ans Joey, while driving, was involved in a two-car accident. Joey sustained a severe injury from the accident. The other party, who was at fault, did not maintain an auto insurance policy for the vehicle. Which one of the following would provide coverage for Joey when the other driver does not have an automobile liability policy? A. Underinsured motorist coverage (UIM) B. Collision C. Uninsured motorist (UM) D. Personal injury protection (PIP) A. Producers....

AINS 102 Questions And Answers1. 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:  Underground pipes 2. 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 include...

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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 - Answer-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 include intangible property such as patents o...

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 - Answer-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 include intangible property such as patents o...

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AINS 102 EXAM/142 QUESTIONS WITH ANSWERS

Property loss exposure - A 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) - Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Personal property - All tangible or intangible property that is not real property...

AINS 102 Questions