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AINS 101 | 112 Question with 100 % correct answers | Verified Latest 2024 Graded A+ Bill is an insurance producer for and employed by ABC Insurance Company (ABC). He represents only ABC when marketing insurance products, and uses an administrative staff also employed by ABC. Bill is a producer in the - Direct writer marketing system Because the insurance company usually determines policy wording and the insured has little choice but to "take it or leave it," an insurance contract is ...

AINS 24 | 351 Question with 100 % Verified Solutions | Verified& Updated 2024 | Already Passed Major roles of insurance - Risk management to deal with loss exposures; transfer system of financial loss from insured to insurer; business sufficient to pay claims and provide profit; contract between insured and insurer What are risk management techniques? - Loss prevention; loss reduction; risk transfer; loss avoidance Define Insurance Policy - A contract that states the rights and duties ...

AINS 21 | 113 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ Which one of the following is an opportunity cost of insurance? - An insured's funds that could be invested elsewhere if purchasing insurance were not necessary is an example of an opportunity cost of insurance. Which one of the following statements is correct regarding the benefits of insurance? - Contractors must usually provide evidence of liability insurance before a construction contract is gra...

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, insur...

AINS 21 Segment A (ch 1-3) | 92 Questions with 100 % Verified Solutions | Verified& Updated 2024 | Already Passed Loss exposure - Any condition or situation that presents a possibility of loss, whether or not an actual loss occurs Risk management - The process of making and implementing decisions that will minimize the adverse effects of accidental losses on an organization Loss prevention - A risk control technique that reduces the frequency of a particular loss Loss reduction - A r...

AINS 21 Segment A | 70 Questions with 100 % correct answers | Verified& Updated 2024 | Already Passed Though premiums are an obvious cost of insurance, many insureds believe they are too high because - Benefits are intangible until a loss occurs. Pravalt Construction Company pays less than its competitors for workers compensation insurance because Pravalt has had substantially fewer employee injuries than other firms in its class. This illustrates which one of the following benefits of...

AINS 21 Glossary | 286 Questions with 100 % correct answers | Verified& Updated 2024 Graded A+ loss exposure - any condition or situation that presents the possibility of a loss law of large numbers - a mathematical principle stating that as the number of similar but independent exposure units increases, the relative accuracy of predictions about future outcomes (losses) based on these exposure units also increases exposure unit - a measure of the loss exposure assumed by the insurer, u...

AEM Study Questions and Answers | Already Passed | Graded A+ What is the CRX based on? - Apache Oak (JackRabbit) What is reverse replication used for? - Comments, rating, forum posts, etc. that originate on the Publish instance. What is segmentation? - Categorization of web visitors. What is scaffolding used for? - It provides the ability to create pages using a form-based interface. Which tool is used only in Social communities? A. Replication Agent - Reverse Replication B. Spam F...

AEM Developer Sites Renewal Latest 2024 | Already Passed | Graded A+ Select two differences between a production vs non-production pipeline (in terms of testing/methodology) (Pick 2) Load Testing Code Quality Testing Security Testing Unit Testing Acceptance Testing - Code Quality Testing Unit Testing Code snippet and an error/exception provided complaining that socket timeout needs to be set. 4 code snippet answers, but only 2 that looked like possible answers. One had setConnect...

AEM Developer Confirmed Questions and Answers | Already Passed | Graded A+ rceTypes tors sions ds x priority for servlet registration? tors x sions rceTypes ds ServiceFactory Lavanya notes: ServiceFactory attribute for the annotation @Service Cam notes: serviceFactory Defaut: false SCR Descriptor: cefactory Whether the component is registered as a ServiceFactory or not as a Factory Service? Name - If configuration factory is set, then which is mandatory?Name, Labe...