Ains 23 2024 Study guides, Class notes & Summaries

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AINS 23 Commercial General Liability 1 questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

Which one of the following lists the covered causes of loss (basic, broad, or special); the deductible amount; and any optional coverages? a. Commercial property conditions b. Commercial property declarations c. Causes of loss forms d. Commercial property coverage forms - Answer-b. Commercial property declarations Which one of the following is covered under the Building and Personal Property Coverage form (BPP) as business personal property? a. Completed additions to a building b. Perma...

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AINS 101 EXAM / 80+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / GRADED A+. AINS 101 1. The two main sectors of the insurance industry are: Property-casualty insurance and life-health insurance. 2. Because insurance contracts impose an obligation for ethical practices and behaviors on the parties while dealing with one another, an insurance contract is called a: Contract of utmost good faith. 3. Earned premiums are shown on an insurer's income statement because they are: Revenues 4. De...