Rmin 5100s Study guides, Class notes & Summaries
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RMIN 5100S Test 1 Atkinson Questions and Answers Solved 100%
- Exam (elaborations) • 9 pages • 2024
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Abandonment - - Insurance company may choose to take damaged property and pay insured the 
value 
- Insured CANNOT surrender damaged property to insurance company 
Active Retention - Identify the loss/risk exposure and really consider the risk itself and all the 
measures around it. (ex. Should we transfer it, retain it etc.) 
Admitted (standard or retail) Insurance companies - Regulated by the state, They often must 
subscribe to rating and form regulations of that state. 
Agent or Broker - "In...
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RMIN 5100S Test 2 Brown QUESTIONS AND CORRECT ANSWERS
- Exam (elaborations) • 26 pages • 2024 Popular
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categories of commercial loss exposures (4) - 1. property 
2. personnel 
3. liability 
4. net income 
commercial property loss exposures - type of property 
causes of loss to property 
financial consequences of property losses 
commercial property coverage part 
types of property - real and personal 
real property - land & buildings, all property permanently attached to buildings, 
driveways, sidewalks, underground piping, etc, plumbing, wiring, HVAC 
personal property - all property that is not...
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RMIN 5100S Test 2 Brown QUESTIONS AND VERIFIED CORRECT ANSWERS
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RMIN 5100S Test 2 Brown QUESTIONS AND VERIFIED CORRECT ANSWERS 
 
1.	categories of commercial loss exposures (4)√√correct answer√√ 1. property 
2.	personnel 
3.	liability 
4.	net income 
 
2.	commercial property loss exposures√√correct answer√√ type of property causes of loss to property 
financial consequences of property losses 
 
commercial property coverage part 
 
3.	types of property√√correct answer√√ real and personal 
 
4.	real property√√correct answer√√ l...
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RMIN 5100s EXAM 3 BROWN ALREADY PASSED!!
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RMIN 5100s EXAM 3 BROWN ALREADY PASSED!!
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RMIN 5100S Test 1 Atkinson Questions and Answers 100% Pass
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RMIN 5100S Test 1 Atkinson Questions 
 
and Answers 100% Pass 
 
Risk Manager - "insured" buyer of insurance 
- Larger companies will have one personal one 
- Small to mid-sized companies will have someone else who serves this role 
- Must evaluate risks and determine the best approach to manage risks -- including Loss Control, 
Retention and transfer techniques 
 
Agent or Broker "Intermediary" Facilitates the purchase of insurance. Advises insured. 
Negotiates with the insurer. 
 
Independ...
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RMIN 5100S Exam 2 Questions and Answers 100% Solved
- Exam (elaborations) • 24 pages • 2024
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RMIN 5100S Exam 2 Questions and 
Answers 100% Solved 
1. Types of property 
2. Causes of loss to property 
3. Financial consequences of property losses 3 considerations for commercial property loss 
exposures. 
1. Real Property 
2. Personal Property 2 types of property. 
Real Property Land & buildings, all property permanently attached to buildings, driveways, 
sidewalks, underground piping, etc, and plumbing, wiring, and HVAC. 
Personal Property All property that is not real property. 
1. ...
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RMIN 5100S- Test 2 Questions With Complete Solutions.
- Exam (elaborations) • 18 pages • 2023
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RMIN 5100S- Test 2 Questions With Complete Solutions.
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RMIN 5100S Exam 2 Study Guide 2024 With Complete Solution
- Exam (elaborations) • 14 pages • 2024
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RMIN 5100S Exam 2 Study Guide 2024 With Complete Solution 
categories of commercial loss exposures -️️ property, personnel, liability, net income loss 
property loss -️️ - tangible: personal property, real estate -intangible: patent, copyright 
personnel loss -️️ death, disability, injury, retirement 
liability loss -️️ your responsibility to someone else for property damage, bodily injury, or net income loss 
net income loss -️️ reduction in income due to a direct loss 
comm...
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RMIN 5100S Test 2 Brown | 123 questions and answers | 100% verified correct
- Exam (elaborations) • 18 pages • 2024
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RMIN 5100S Test 2 Brown | 123 questions and answers | 100% verified correct
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RMIN 5100S exam 2 study guide 2024 with complete solution
- Exam (elaborations) • 9 pages • 2024
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RMIN 5100S exam 2 study guide 2024 with complete solution
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