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AINS 101 | 112 Question and Answers 100% Solved 2 Exam (elaborations) AINS 101 | 112 Questions and Answers 100% Solved 3 Exam (elaborations) AINS 101 | 50 Questions and Answers 100% Solved 4 Exam (elaborations) AINS 101 Exam Prep; Questions and Answers 100% Solved 5 Exam (elaborations) AINS 101...

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AINS 101 | 112 Questions and Answers 100% Solved

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AINS 101 | 112 Questions and Answers 100% Solved 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 ...

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AINS 101 | 50 Questions and Answers 100% Solved

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AINS 101 | 50 Questions and Answers 100% Solved Which one of the following best explains why producers should be alert to changes in clients' loss exposures? Implemented risk management techniques may prove to be ineffective or become obsolete. Knowledge of such changes will inform their e...

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AINS 101 Exam; Questions and Answers 100% Solved

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AINS 101 Exam; Questions and Answers 100% Solved 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 Correct answer Direct writ...

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AINS 101 Exam; Questions and Answers 100% Solved

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AINS 101 Exam; Questions and Answers 100% Solved Which of the following is an example of a legal requirement for individuals that could be met through insurance? a. contributing to the growth of the organization b. paying for losses c. obtaining personal auto insurance d. providing

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AINS 101 Exam; Questions and Answers 100% Solved

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AINS 101 Exam; Questions and Answers 100% Solved Actual cash value (ACV) Correct answer The cost to replace property with new property of like kind and quality less depreciation. Adverse selection Correct answer Insuring individuals with a high probability of loss at a cost lower than the in...

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AINS 101 Exam; Questions and Answers 100% Solved

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AINS 101 Exam; Questions and Answers 100% Solved Risk Correct answer Which one of the following represents uncertainty about outcomes that can be negative or positive? Insureds share the cost of each other's losses. Correct answer Which one of the following best describes the concept of poo...

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AINS 101 Exam Prep; Questions and Answers 100% Solved

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AINS 101 Exam Prep; Questions and Answers 100% Solved 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 ill...

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AINS 101 Exam Prep; Questions and Answers 100% Solved

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AINS 101 Exam Prep; Questions and Answers 100% Solved Loss exposure Correct answer any condition or situation that presents a possibility of loss, whether or not an actual loss occurs Premium Correct answer the price of the insurance coverage provided for a specified period Indemnify Correc...

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AINS 101 Exam; Questions and Answers 100% Solved

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AINS 101 Exam; Questions and Answers 100% Solved Risk control can assist the claims department by Correct answer Providing laboratory analyses. Sports, Inc. is looking to obtain a commercial property policy on its building for $400,000. If their insurer decides to charge them a rate of $0.50...

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