AINS 103 EXAM REVIEW EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS
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Terms in this set (75)
In property insurance, the term C. Property while being transported by trucks, cars,
"property in transit" refers to which buses, trains, airplanes, and ships
one of the following?
Extra expenses are expenses, in B. Cost to rent temporary office space
addition to ordinary expenses, that an
organization incurs to mitigate the
effects of a business interruption.
Which one of the following is an
example of an extra expense?
,Radley Contracting Company is B. Premises and operations liability
installing new signage on the front of
a building. George, a passerby
walking near the building is injured
when a Radley employee accidentally
drops a tool from a crane. George
likely has the ability to assert which
one the following types of claim?
Which one of the following entities A. Paul the plumber
would likely have the greatest
completed operations loss
exposure?
A carrier that is prevented by an B. The compensation the carrier receives for
accident from delivering the cargo transporting cargo.
aboard its ship may face an exposure
called loss of freight, which is
To be covered under a workers A. Arise out of employees' job-related injuries and
compensation statute, an injury or diseases
disease (in most states) must meet
which one of the following
requirements?
, The unauthorized intrusion into a D. Intangible property
company's computer network
resulting in damage to intellectual
property is best classified as which
one of the following types of cyber
liability exposures?
An email was sent to a company's D. Damage to intangible property.
employees containing a harmful
attachment. Several employees
opened the attachment which
allowed hackers to obtain customer
contact information. This cyber risk
loss is
NH Manufacturing insures its building A. Causes of loss form
and personal property under the
commercial property coverage part
of a commercial package policy
(CPP). During a blizzard, a portion of
the building's roof collapsed from the
weight of snow. The risk manager
pulled out the CPP to make sure that
the building was covered for this type
of loss. Which one of the following
components of the commercial
property coverage part would
provide the risk manager with
information on the covered perils?
Which one of the following is one of Vandalism
the covered causes of loss in the
commercial property policy Causes
of Loss—Basic form?
ACTUAL QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS
Play your way to mastery with fun games
Match Blocks Charms NEW
Terms in this set (75)
In property insurance, the term C. Property while being transported by trucks, cars,
"property in transit" refers to which buses, trains, airplanes, and ships
one of the following?
Extra expenses are expenses, in B. Cost to rent temporary office space
addition to ordinary expenses, that an
organization incurs to mitigate the
effects of a business interruption.
Which one of the following is an
example of an extra expense?
,Radley Contracting Company is B. Premises and operations liability
installing new signage on the front of
a building. George, a passerby
walking near the building is injured
when a Radley employee accidentally
drops a tool from a crane. George
likely has the ability to assert which
one the following types of claim?
Which one of the following entities A. Paul the plumber
would likely have the greatest
completed operations loss
exposure?
A carrier that is prevented by an B. The compensation the carrier receives for
accident from delivering the cargo transporting cargo.
aboard its ship may face an exposure
called loss of freight, which is
To be covered under a workers A. Arise out of employees' job-related injuries and
compensation statute, an injury or diseases
disease (in most states) must meet
which one of the following
requirements?
, The unauthorized intrusion into a D. Intangible property
company's computer network
resulting in damage to intellectual
property is best classified as which
one of the following types of cyber
liability exposures?
An email was sent to a company's D. Damage to intangible property.
employees containing a harmful
attachment. Several employees
opened the attachment which
allowed hackers to obtain customer
contact information. This cyber risk
loss is
NH Manufacturing insures its building A. Causes of loss form
and personal property under the
commercial property coverage part
of a commercial package policy
(CPP). During a blizzard, a portion of
the building's roof collapsed from the
weight of snow. The risk manager
pulled out the CPP to make sure that
the building was covered for this type
of loss. Which one of the following
components of the commercial
property coverage part would
provide the risk manager with
information on the covered perils?
Which one of the following is one of Vandalism
the covered causes of loss in the
commercial property policy Causes
of Loss—Basic form?
