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AINS 102 Course Quiz|50 Questions and Answers

AINS 103: PRACTICE QUIZ-ALL CHAPTERS QUESTIONS WITH CORRECT ANSWERS

AINS 101 Quiz Questions and Complete Solutions Graded A+

AINS 103: PRACTICE QUIZ-ALL CHAPTERS QUESTIONS WITH CORRECT ANSWERS

Umbrella liability policies almost always provide excess coverage over several primary policies while include all of the following, EXCEPT: - Commercial general liability - Auto liability - Replacement liability - Employers liability - Replacement liability The coverage that an umbrella liability policy provides for claims not covered at all by the underlying policies is called - Drop-down coverage Which one of the following statements about umbrella liability insurance is true? Select ...

AINS Ch. 3 Quiz Questions & Answers 2023 During a business interruption, some of the organization's expenses, called continuing expenses, will continue, and other expenses, called noncontinuing expenses, will not continue. Which one of the following is an example of a continuing expense? - ANS-Payroll of key employees In business income insurance, the expenses that an organization would not have incurred if the business interruption had not occurred are called - ANS-Extra expenses Extr...

AINS Quiz Questions

Umbrella liability policies almost always provide excess coverage over several primary policies while include all of the following, EXCEPT: - Commercial general liability - Auto liability - Replacement liability - Employers liability - Replacement liability The coverage that an umbrella liability policy provides for claims not covered at all by the underlying policies is called - Drop-down coverage Which one of the following statements about umbrella liability insurance is true? Select ...

The primary role of insurance is to - Indemnify individuals and organizations for covered losses. 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? - When her car's windshield breaks, Ciara has to pay only $100 of the $600 cost of replacing it. A homeowners policy is a type of -...