Ains 101 exam prep - Study guides, Class notes & Summaries
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AINS 101 Exam Prep; Questions and Answers 100% Solved
- Exam (elaborations) • 18 pages • 2024
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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 Correct answer to restore a party who has sustained a loss to the same 
financial position that party held before the loss occurred 
Insured Correct answer any person or organization who is insured under a...
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AINS 101 Exam Prep with complete Solutions | Latest 2024/2025
- Exam (elaborations) • 14 pages • 2024
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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 sustained a loss to the same 
financial position that party held before the loss occurred 
Insured ️ any person or organization who is insured under an insurance 
policy 
Property-casualty insurance ️ one of the two main sectors of the 
insurance indus...
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AINS 101 Exam Prep Questions and Answers 100% Pass
- Exam (elaborations) • 25 pages • 2024
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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 sustained a loss to the same financial position that party 
held before the loss occurred 
Insured any person or organization who is insured under an insurance policy 
Property-casualty insurance one of the two main sectors of the insurance industry 
encompassing numer...
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AINS 101 Exam Prep with Complete and Certified Solutions
- Exam (elaborations) • 102 pages • 2024
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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 Mehmet's point? 
A. Ciara needs her car to get to her job, and she needs her job to make car payments and pay for 
her car insurance. 
B. When her car's windshield breaks, Ciara has to pay only $100 of the $600 cost of replacing it. 
C. When her ca...
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AINS 101 Exam Prep 2024 | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 72 pages • 2024
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AINS 101 Exam Prep 2024 | 100% Correct 
Answers | Verified | Latest 2024 Version
And that's how you make extra money
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AINS 101 EXAM PREP
- Other • 11 pages • 2024
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AINS 101 Exam Prep| Complete Questions Answered 100% Correctly| Updated 2024-2025
- Exam (elaborations) • 91 pages • 2024
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AINS 101 Exam Prep| Complete Questions Answered 100% Correctly| Updated 
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 Mehmet's point? 
A. Ciara needs her car to get to her job, and she needs her job to make car 
payments and pay for her car insurance. 
B. When her car's windshield break...
-
AINS 101 Exam Prep Questions with 100% Correct Answers | Verified | Updated 2024
- Exam (elaborations) • 72 pages • 2024
-
Available in package deal
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- $21.99
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AINS 101 Exam Prep Questions with 100% Correct Answers | Verified | Updated 2024
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AINS 101 Exam Prep
- Exam (elaborations) • 55 pages • 2023
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- $16.99
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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 Mehmet's point? 
 
A. Ciara needs her car to get to her job, and she needs her job to make car payments and pay for her car insurance. 
B. When her car's windshield breaks, Ciara has to pay only $100 of the $600 cost of replacing it. 
C. When her car...
-
AINS 101 Exam Prep 2024 | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 72 pages • 2024
- Available in package deal
-
- $15.49
- + learn more
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 Mehmet's point? 
A. Ciara needs her car to get to her job, and she needs her job to make car payments and pay for her car 
insurance. 
B. When her car's windshield breaks, Ciara has to pay only $100 of the $600 cost of replacing it. 
C. When her ca...
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