AINS 23 Chapter Four Practice Questions with Correct Answers
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Course
2024/2025
Institution
2024/2025
AINS 23 Chapter Four Practice Questions
with Correct Answers
James is in the process of forming his own brokerage company which will include several
employees. James will be best protected by purchasing which one of the following to cover the
crime loss exposures of his company?
A. Financial I...
Crime loss exposures of financial institutions are covered by financial institution bonds. These
policies were developed by
A. The Surety and Fidelity Association of America (SFAA).
B. The Internal Revenue Service (IRS).
C. The Federal Deposit Insurance Corporation (FDIC).
D. The National Council on Compensation Insurance (NCCI). - Answer✔✔-A. The Surety and
Fidelity Association of America (SFAA).
In the ISO Commercial Crime Coverage Form, the insuring agreement that provides employee
theft coverage covers money, securities, and other property. Which one of the following would
be considered covered "other property" under this insuring agreements?
A. Company supplies
B. Computer programs
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