Ains 21 segment a - Study guides, Class notes & Summaries
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AINS 21 Segment A | 124 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+
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AINS 21 Segment A | 124 Questions with 100 % 
correct answers | Verified& Updated 2024 Graded A+ 
4 roles of insurance - 1. risk management technique 
2. transfer system 
3. business 
4. contract 
loss exposure - any condition or situation that presents a possibility of loss, whether or not 
actual loss occurs 
risk management - making and implementing decisions that will minimize the adverse 
effects of accidental losses on an organization 
-avoid, prevent, reduce 
-from RM standpoint, insuranc...
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AINS 21 - Segment A | 137 Questions and Answers with complete solution
- Exam (elaborations) • 24 pages • 2024
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AINS 21 - Segment A 
AINS 21 - Segment A | 137 Questions and Answers with complete solution
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AINS 21 - Segment A 137 Questions and Answers 100% Solved
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AINS 21 - Segment A 137 Questions and 
Answers 100% Solved 
From a risk management viewpoint, insurance is used to A. Prevent the cost of losses 
Reduce the cost of losses 
Transfer the cost of losses 
Isolate the cost of losses. - C. Transfer the cost of losses. 
A loss exposure is: 
Any condition that presents the possibility of a loss. 
Any condition that precludes the chance of loss. 
The same thing as a peril. 
The same thing as a hazard. - A. Any condition that present the possibi...
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AINS 21 Segment A | 124 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+
- Exam (elaborations) • 22 pages • 2024
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AINS 21 Segment A | 124 Questions with 100 
% correct answers | Verified& Updated 2024 
Graded A+
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AINS 21 SEGMENT A QUESTIONS WITH 100% SOLVED ANSWERS!!
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AINS 21 SEGMENT A QUESTIONS WITH 100% SOLVED ANSWERS!!
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AINS 21 Segment A | 124 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+
- Exam (elaborations) • 21 pages • 2024
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AINS 21 Segment A | 124 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+
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AINS 21 - Segment A Questions and Answers Graded A+
- Exam (elaborations) • 55 pages • 2024
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AINS 21 - Segment A Questions and 
 
Answers Graded A+ 
 
From a risk management viewpoint, insurance is used to A. Prevent the cost of losses 
B. Reduce the cost of losses 
C. Transfer the cost of losses 
 
D. Isolate the cost of losses. C. Transfer the cost of losses. 
 
A loss exposure is: 
A. Any condition that presents the possibility of a loss. 
B. Any condition that precludes the chance of loss. 
C. The same thing as a peril. 
D. The same thing as a hazard. A. Any condition that present t...
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AINS 21 BUNDLED EXAMS
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Exam (elaborations)
AINS 21 A PRACTICE QUESTIONS AND ANSWERS

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Exam (elaborations)
AINS 21 CHAPTER ONE PRACTICE EXAM

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Exam (elaborations)
AINS 21 - SEGMENT A QUESTIONS AND ANSWERS

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AINS 21 EXAM QUESTIONS AND ANSWERS

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AINS 21 EXAM QUESTIONS AND ANSWERS

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Exam (elaborations)
AINS 21 EXAM QUESTIONS AND A
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AINS 21 - Segment A with Complete Solutions
- Exam (elaborations) • 24 pages • 2024
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AINS 21 - Segment A with Complete Solutions
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AINS 21 Segment A | 124 Questions and Answers 100% Verified
- Exam (elaborations) • 19 pages • 2024
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AINS 21 Segment A | 124 Questions 
and Answers 100% Verified 
4 roles of insurance - 1. risk management technique 
transfer system 
business 
contract 
loss exposure - any condition or situation that presents a possibility of loss, whether or not 
actual loss occurs 
risk management - making and implementing decisions that will minimize the adverse 
effects of accidental losses on an organization 
-avoid, prevent, reduce 
-from RM standpoint, insurance is used to transfer cost of losse...
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