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AINS Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete and Accurate)
AINS Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete and Accurate)
[Show more]AINS Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete and Accurate)
[Show more]AINS 24 Chapter 1 Questions and 
 
Answers Rated A+ 
 
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 manage...
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Add to cartAINS 24 Chapter 1 Questions and 
 
Answers Rated A+ 
 
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 manage...
AINS 21 Segment B (Chapters 4-6) 
 
Rated A+ 
 
claim a demand by a person or business seeking to recover from an insurer for a loss that 
may be covered by an insurance policy 
 
claimant anyone who submits a claim to an insurer 
 
first party the insured in an insurance contract 
 
third party a p...
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Add to cartAINS 21 Segment B (Chapters 4-6) 
 
Rated A+ 
 
claim a demand by a person or business seeking to recover from an insurer for a loss that 
may be covered by an insurance policy 
 
claimant anyone who submits a claim to an insurer 
 
first party the insured in an insurance contract 
 
third party a p...
AINS 21 Segment A (ch 1-3) Latest 2024 
 
Rated A+ 
 
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 o...
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Add to cartAINS 21 Segment A (ch 1-3) Latest 2024 
 
Rated A+ 
 
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 o...
AINS 102: Understanding Personal 
Insurance Latest 2024 Rated A+ 
 
Arbitration An alternative dispute resolution (ADR) method by which disputing parties use a 
neutral outside party to examine the issues and develop a settlement, which can be final and 
binding. 
 
Attachment The act of seizing pro...
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Add to cartAINS 102: Understanding Personal 
Insurance Latest 2024 Rated A+ 
 
Arbitration An alternative dispute resolution (ADR) method by which disputing parties use a 
neutral outside party to examine the issues and develop a settlement, which can be final and 
binding. 
 
Attachment The act of seizing pro...
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. An...
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Add to cartAINS 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. An...
AINS 102 LATEST UPDATE GRADED A+ 
 
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....
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Add to cartAINS 102 LATEST UPDATE GRADED A+ 
 
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....
AINS 23 Full Practice Exam Questions 
 
with Verified Solutions 
 
1) Clarence entered into a contract bond that guarantees his insulation work will be free from 
defects in materials and workmanship for a specified period of five years after completion of the 
work. The type of bond used by Clarenc...
Preview 3 out of 27 pages
Add to cartAINS 23 Full Practice Exam Questions 
 
with Verified Solutions 
 
1) Clarence entered into a contract bond that guarantees his insulation work will be free from 
defects in materials and workmanship for a specified period of five years after completion of the 
work. The type of bond used by Clarenc...
AINS 103 Questions and Answers 
 
Graded A+ 
 
Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store 
has contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the 
rear of the store is congested from 4:30am to 5:30am. Cus...
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Add to cartAINS 103 Questions and Answers 
 
Graded A+ 
 
Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store 
has contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the 
rear of the store is congested from 4:30am to 5:30am. Cus...
AINS 103 Test Questions and Answers 
 
Rated A+ 
 
Workers compensation benefits include which one of the following? 
Rehabilitation benefits 
3 multiple choice options 
When a clothing manufacturer decides to expand the sale of its clothing line by offering internet 
purchases, it creates new expos...
Preview 4 out of 37 pages
Add to cartAINS 103 Test Questions and Answers 
 
Rated A+ 
 
Workers compensation benefits include which one of the following? 
Rehabilitation benefits 
3 multiple choice options 
When a clothing manufacturer decides to expand the sale of its clothing line by offering internet 
purchases, it creates new expos...
AINS 103 Questions and Answers 
 
Already Passed 
 
Which one of the following best describes real property? 
Select one: 
A. Property being shipped to or from others. 
B. Business personal property that includes furniture, machinery and equipment, and 
stock/inventory. 
C. Tangible property that in...
Preview 4 out of 126 pages
Add to cartAINS 103 Questions and Answers 
 
Already Passed 
 
Which one of the following best describes real property? 
Select one: 
A. Property being shipped to or from others. 
B. Business personal property that includes furniture, machinery and equipment, and 
stock/inventory. 
C. Tangible property that in...
AINS 103 Exam Review Questions with 
 
Verified Solutions 
 
In property insurance, the term "property in transit" refers to which one of the following? C. 
Property while being transported by trucks, cars, buses, trains, airplanes, and ships 
 
Extra expenses are expenses, in addition to ordinary...
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Add to cartAINS 103 Exam Review Questions with 
 
Verified Solutions 
 
In property insurance, the term "property in transit" refers to which one of the following? C. 
Property while being transported by trucks, cars, buses, trains, airplanes, and ships 
 
Extra expenses are expenses, in addition to ordinary...
AINS 21 Chapter 1 Latest Update 
 
Graded A+ 
 
As a single mother on a very tight budget, Ciara is tempted to skimp on her insurance. However, 
her friend Mehmet tells her not to skimp on insurance, because it will help manage her cash 
flows. Which one of the following examples best illustrates Me...
Preview 4 out of 64 pages
Add to cartAINS 21 Chapter 1 Latest Update 
 
Graded A+ 
 
As a single mother on a very tight budget, Ciara is tempted to skimp on her insurance. However, 
her friend Mehmet tells her not to skimp on insurance, because it will help manage her cash 
flows. Which one of the following examples best illustrates Me...
AINS Chapter 6 Questions and Answers 
 
100% Pass 
 
The best description of a first-party claim is a claim 
 
Select one: 
 
A. Made by the insurer against the policyholder. 
 
B. Made by the liable party against the policyholder. 
 
C. Made by the policyholder against someone to whom the policyhol...
Preview 4 out of 70 pages
Add to cartAINS Chapter 6 Questions and Answers 
 
100% Pass 
 
The best description of a first-party claim is a claim 
 
Select one: 
 
A. Made by the insurer against the policyholder. 
 
B. Made by the liable party against the policyholder. 
 
C. Made by the policyholder against someone to whom the policyhol...
AINS 21 Practice Exam Questions and 
 
Answers Rated A+ 
 
when selecting a distribution channel, which one of the following is important consideration with 
regard to customer needs and characteristics 
 
Which of the following statements is correct regarding characteristics of ideally insurable l...
Preview 4 out of 63 pages
Add to cartAINS 21 Practice Exam Questions and 
 
Answers Rated A+ 
 
when selecting a distribution channel, which one of the following is important consideration with 
regard to customer needs and characteristics 
 
Which of the following statements is correct regarding characteristics of ideally insurable l...
AINS 21 Questions and Answers 
 
Rated A+ 
 
What is insurance? It's a transfer system, business, and contract. 
 
What is a transfer system in insurance? One party (the insured), transfers the risk of financial 
loss to another party (the insurer). [Essentially, I'm giving the risk of financial l...
Preview 3 out of 30 pages
Add to cartAINS 21 Questions and Answers 
 
Rated A+ 
 
What is insurance? It's a transfer system, business, and contract. 
 
What is a transfer system in insurance? One party (the insured), transfers the risk of financial 
loss to another party (the insurer). [Essentially, I'm giving the risk of financial l...
AINS Practice Exam Review Questions 
 
with Verified Solutions 
 
One distinguishing feature between independent agency systems and other marketing systems is 
the... agency expiration list 
 
Foreign Insurer An insurer licensed to operate in a state but incorporated in another state 
 
Domestic Ins...
Preview 2 out of 14 pages
Add to cartAINS Practice Exam Review Questions 
 
with Verified Solutions 
 
One distinguishing feature between independent agency systems and other marketing systems is 
the... agency expiration list 
 
Foreign Insurer An insurer licensed to operate in a state but incorporated in another state 
 
Domestic Ins...
AINS 101 Exam Prep Questions and 
 
Answers 100% Pass 
 
Loss exposure any condition or situation that presents a possibility of loss, whether or not an 
actual loss occurs 
 
Premium the price of the insurance coverage provided for a specified period 
 
Indemnify to restore a party who has sustaine...
Preview 3 out of 25 pages
Add to cartAINS 101 Exam Prep Questions and 
 
Answers 100% Pass 
 
Loss exposure any condition or situation that presents a possibility of loss, whether or not an 
actual loss occurs 
 
Premium the price of the insurance coverage provided for a specified period 
 
Indemnify to restore a party who has sustaine...
AINS 101 Exam Prep with Complete and 
 
Certified Solutions 
 
As a single mother on a very tight budget, Ciara is tempted to skimp on her insurance. However, 
her friend Mehmet tells her not to skimp on insurance, because it will help manage her cash 
flows. Which one of the following examples best...
Preview 4 out of 102 pages
Add to cartAINS 101 Exam Prep with Complete and 
 
Certified Solutions 
 
As a single mother on a very tight budget, Ciara is tempted to skimp on her insurance. However, 
her friend Mehmet tells her not to skimp on insurance, because it will help manage her cash 
flows. Which one of the following examples best...
AINS 101 Latest Update with Certified 
 
Solutions 
 
Actual cash value (ACV) The cost to replace property with new property of like kind and 
quality less depreciation. 
 
Adverse selection Insuring individuals with a high probability of loss at a cost lower than the 
insurer would normally charge ...
Preview 2 out of 9 pages
Add to cartAINS 101 Latest Update with Certified 
 
Solutions 
 
Actual cash value (ACV) The cost to replace property with new property of like kind and 
quality less depreciation. 
 
Adverse selection Insuring individuals with a high probability of loss at a cost lower than the 
insurer would normally charge ...
AINS 101 Questions and Answers 
 
Rated A+ 
 
The two main sectors of the insurance industry are 
Property-casualty insurance and life-health insurance. 
Because insurance contracts impose an obligation for ethical practices and behaviors on the 
parties while dealing with one another, an insurance ...
Preview 2 out of 12 pages
Add to cartAINS 101 Questions and Answers 
 
Rated A+ 
 
The two main sectors of the insurance industry are 
Property-casualty insurance and life-health insurance. 
Because insurance contracts impose an obligation for ethical practices and behaviors on the 
parties while dealing with one another, an insurance ...
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