Answers for ains exam - Study guides, Class notes & Summaries

AINS 101 EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE 500 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ 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 a source of investment funds - CORRECT ANSWER c. obtaining personal auto insurance A fire destroys the kitchen ...

AINS 101 EXAM AND PRACTICE EXAM NEWEST ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ 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 a source of investment funds - CORRECT ANSWER c. obtaining personal auto insurance A fire destroys the kitchen ...

AINS 101 Exam Prep Questions and Answers 1: What does AINS stand for in the context of insurance? - correct answer - AINS stands for Associate in General Insurance. 2: What is the primary focus of the AINS 101 exam? - correct answer - The primary focus of the AINS 101 exam is to test knowledge on insurance principles, practices, and policies. 3: What is risk management in insurance? - correct answer - Risk management is the process of identifying, assessing, and controlling threat...

AINS 102 (Latest 2024 / 2025 Update) Understanding Personal Insurance Exam | Questions and Verified Answers | 100% Correct | Grade A Question: For an agent, all of the following are advantages of cross-selling, EXCEPT: Select one: A. Ease of additional growth B. Increased profitability C. Improved customer retention D. Enhanced ability to compete strictly on price Answer: D Question: An insurance policy is an agreement between the insured and the insurer. Insureds purchase i...

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. Real property (realty) ️ Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Personal property ️ All tangible or intangible property that is not real ...

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 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 a Correct answer Contr...

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

AINS 21 Practice Quiz Test Exam Questions with Verified Answers 1: What does AINS stand for in the context of insurance education? - correct answer - Associate in General Insurance. 2: What is the primary purpose of insurance? - correct answer - To transfer risk from an individual or business to an insurance company. 3: What is a premium in insurance terms? - correct answer - The amount of money an insured pays to an insurer for coverage.

AINS 102 (Latest 2024 / 2025 Update) Understanding Personal Insurance Exam Review | Questions and Verified Answers | 100% Correct Question: Telematics devices track driving habits and then Select one: A. Divide auto insurance applicants into homogeneous classes. B. Classify each insured auto for its principal use. C. Perform sophisticated modeling techniques to make that information relevant. D. Transmit that information wirelessly to a computer. Answer: D. Transmit that informati...

AINS 101 Simulated Exam Practice Questions and Answers 1: What does AINS stand for in the context of insurance education? - correct answer - AINS stands for Associate in General Insurance. 2: What is the primary purpose of insurance? - correct answer - The primary purpose of insurance is to transfer risk from an individual or entity to an insurance company. 3: What are the four elements of a legally binding insurance contract? - correct answer - The four elements are offer and acceptan...