AINS 102 COMPREHENSIVE CORRECT QUESTIONS
AND ANSWERS RATED A+
✔✔With respect to new flood insurance policies and endorsements that increase
coverage on existing flood insurance policies, the National Flood Insurance Program
(NFIP) generally requires a waiting period of
Select one:
A. 14 days.
B. 30 days.
C. 60 days.
D. 90 days. - ✔✔B. 30 days.
✔✔Westgrove is in the initial phase of its community's participation in the National Flood
Insurance Program (NFIP), during which property owners are allowed to purchase
limited amounts of insurance at subsidized rates. This is known as
Select one:
A. The regular program.
B. The emergency program.
C. The "Write-Your-Own" flood insurance program.
D. A beachfront or windstorm plan. - ✔✔B. The emergency program.
✔✔Roger and Sarah sold their house and plan to travel around the world for one year.
They placed their furniture and appliances in storage and will take luggage and cameras
on their trip. Sarah will travel with her diamond engagement ring. Jeff, their insurance
agent, canceled their homeowners policy soon after the house was sold.
Which one of the following types of personal inland marine forms should Jeff
recommend to Roger and Sarah to protect the items they placed in the storage facility?
Select one:
A. A Personal Articles Standard Loss Settlement Form
B. A Personal Property Form
C. A Personal Effects Form
D. A Tenant Homeowners Form - ✔✔B. A Personal Property Form
, ✔✔Roger and Sarah sold their house and plan to travel around the world for one year.
They placed their furniture and appliances in storage and will take luggage and cameras
on their trip. Sarah will travel with her diamond engagement ring. Jeff, their insurance
agent, canceled their homeowners policy soon after the house was sold.
Which one of the following types of personal inland marine forms should Jeff
recommend to Roger and Sarah to protect their luggage on the trip?
Select one:
A. Personal Articles Standard Loss Settlement Form
B. Personal Property Form
C. Personal Effects Form
D. Tenant Homeowners Form - ✔✔C. Personal Effects Form
✔✔Which one of the following can be covered for physical damage and liability
coverage by a Personal Auto Policy (PAP)?
Select one:
A. Boat under 26 feet
B. Boat being transported by personal auto
C. Boat trailer
D. Jet ski - ✔✔C. Boat trailer
✔✔Individuals with larger boats are usually insured by a yacht policy which contains
several warranties. Which one of the following is one of these warranties?
Select one:
A. The boat has a paid captain and crew.
B. The boat can only be used for specified business purposes.
C. There will be no medical payments coverage.
D. The boat is in seaworthy condition. - ✔✔D. The boat is in seaworthy condition.
✔✔Manuel has been sued and is awaiting a court judgment. In terms of legal defense
costs, which one of the following would most likely be covered under a personal
umbrella policy?
Select one:
A. Intentional injury
B. Interest on unpaid judgments
C. Workers compensation
D. Damage to property an insured owns - ✔✔B. Interest on unpaid judgments
✔✔Personal umbrella policies usually cover the insured's liability for personal injury.
Under the Personal Umbrella Liability Policy, which one of the following is included
under the definition of personal injury?
Select one:
A. False arrest
B. Assault and battery intentionally committed
C. Abandonment
D. Professional liability - ✔✔A. False arrest
AND ANSWERS RATED A+
✔✔With respect to new flood insurance policies and endorsements that increase
coverage on existing flood insurance policies, the National Flood Insurance Program
(NFIP) generally requires a waiting period of
Select one:
A. 14 days.
B. 30 days.
C. 60 days.
D. 90 days. - ✔✔B. 30 days.
✔✔Westgrove is in the initial phase of its community's participation in the National Flood
Insurance Program (NFIP), during which property owners are allowed to purchase
limited amounts of insurance at subsidized rates. This is known as
Select one:
A. The regular program.
B. The emergency program.
C. The "Write-Your-Own" flood insurance program.
D. A beachfront or windstorm plan. - ✔✔B. The emergency program.
✔✔Roger and Sarah sold their house and plan to travel around the world for one year.
They placed their furniture and appliances in storage and will take luggage and cameras
on their trip. Sarah will travel with her diamond engagement ring. Jeff, their insurance
agent, canceled their homeowners policy soon after the house was sold.
Which one of the following types of personal inland marine forms should Jeff
recommend to Roger and Sarah to protect the items they placed in the storage facility?
Select one:
A. A Personal Articles Standard Loss Settlement Form
B. A Personal Property Form
C. A Personal Effects Form
D. A Tenant Homeowners Form - ✔✔B. A Personal Property Form
, ✔✔Roger and Sarah sold their house and plan to travel around the world for one year.
They placed their furniture and appliances in storage and will take luggage and cameras
on their trip. Sarah will travel with her diamond engagement ring. Jeff, their insurance
agent, canceled their homeowners policy soon after the house was sold.
Which one of the following types of personal inland marine forms should Jeff
recommend to Roger and Sarah to protect their luggage on the trip?
Select one:
A. Personal Articles Standard Loss Settlement Form
B. Personal Property Form
C. Personal Effects Form
D. Tenant Homeowners Form - ✔✔C. Personal Effects Form
✔✔Which one of the following can be covered for physical damage and liability
coverage by a Personal Auto Policy (PAP)?
Select one:
A. Boat under 26 feet
B. Boat being transported by personal auto
C. Boat trailer
D. Jet ski - ✔✔C. Boat trailer
✔✔Individuals with larger boats are usually insured by a yacht policy which contains
several warranties. Which one of the following is one of these warranties?
Select one:
A. The boat has a paid captain and crew.
B. The boat can only be used for specified business purposes.
C. There will be no medical payments coverage.
D. The boat is in seaworthy condition. - ✔✔D. The boat is in seaworthy condition.
✔✔Manuel has been sued and is awaiting a court judgment. In terms of legal defense
costs, which one of the following would most likely be covered under a personal
umbrella policy?
Select one:
A. Intentional injury
B. Interest on unpaid judgments
C. Workers compensation
D. Damage to property an insured owns - ✔✔B. Interest on unpaid judgments
✔✔Personal umbrella policies usually cover the insured's liability for personal injury.
Under the Personal Umbrella Liability Policy, which one of the following is included
under the definition of personal injury?
Select one:
A. False arrest
B. Assault and battery intentionally committed
C. Abandonment
D. Professional liability - ✔✔A. False arrest
