Ains 101 simulated - Study guides, Class notes & Summaries

AINS 101 Simulated Exam With 100% Correct Answers 2024 Exclusive agency is contracted to sell insurance for one insurer or group of insurers - answerThe difference between an independent agency and an exclusive agency is that an Insurance shortages - answerDestructive competition in the insurance industry could result in Veronica directly contacts Maria for guidance on how to report a stolen car, Maria provides that, and claims rep Sean takes over after an introduction from Maria - answerM...

AINS 101 Simulated Exam With 100% Correct Answers 2024 For a loss exposure to be ideally insurable it must be definite in (3 things) - answertime, cause, location The two main sectors of the insurance industry are - answerP/C and life-health Rachel is a new employee of Westley Insurance, and has been asked to review some existing policies to become familiar with the types of policies she will be working with. Which one of the following will Rachel find is true as she conducts her review? ...

AINS 101 Simulated Exam With 100% Correct Answers 2024 For a loss exposure to be ideally insurable it must be definite in (3 things) - answertime, cause, location The two main sectors of the insurance industry are - answerP/C and life-health Rachel is a new employee of Westley Insurance, and has been asked to review some existing policies to become familiar with the types of policies she will be working with. Which one of the following will Rachel find is true as she conducts her review? ...

Exclusive agency is contracted to sell insurance for one insurer or group of insurers - The difference between an independent agency and an exclusive agency is that an Insurance shortages - Destructive competition in the insurance industry could result in Veronica directly contacts Maria for guidance on how to report a stolen car, Maria provides that, and claims rep Sean takes over after an introduction from Maria - Maria is a new producer who wears many hats when forming relationships a...

AINS 101 simulated exam

AINS 101 Simulated Exam With 100% Correct Answers A liability loss has the following damages: Medical expenses:$10,000Damages for disfigurement:$50,000Damages for pain and suffering:$100,000 What is the amount of special damages? - answer$10,000 Which one of the following best explains why producers should be alert to changes in clients' loss exposures? - answerImplemented risk management techniques may prove to be ineffective or become obsolete Because the insurance company usually de...