1|Page
AINS 103 TEST EXAM|| ACTUAL AND LATELY
UPDATED 2025 QUESTIONS AND 100%
CORRECT ANSWERS GRADED A+|| LATEST AND
COMPLETE UPDATE 2025 WITH VERIFIED
SOLUTIONS|| GUARANTEED PASS!!
the typical workers compensation statute provides payment for which one of the
following?
The typical workers compensation statute provides payment for medical bills for
an injury sustained by an employee while working.
A business owner wants to know if a business income loss caused by machine
breakdown can be greater than the physical damage loss itself. How would you
answer the business owner?
Yes, a business income loss caused by machine breakdown can be greater than the
physical damage loss itself.
A carrier is prevented from delivering cargo aboard its ship due to an accident that
occurred while at sea. One of the losses the carrier may face is loss of freight. Loss
of freight refers to which one of the following?
Freight is the compensation the carrier receives for transporting cargo.
A carrier that is prevented by an accident from delivering the cargo aboard its ship
may face an exposure called loss of freight, which is
The compensation the carrier receives for transporting cargo.
,2|Page
A commercial building may contain furniture, machinery and equipment and
finished products. Which one of the following is the term generally used in
property insurance policies to refer to all these types of property?
Property insurance policies generally refer to the contents of a commercial building
as "business personal property."
A company owns land that is used as a softball diamond and recreational park for
hosting employee picnics. Once a year the company also allows a non-profit
organization to hold a softball game on these premises. During this year's softball
game, the director of the non-profit was injured when a softball hit him in the head.
He asked the company that owns the land to pay for his trip to the emergency
room. The company's unendorsed Commercial General Liability policy
The company's unendorsed Commercial General Liability policy does not cover
the director's injuries sustained because they happened during an athletic event.
A contractor is hired to install a new concrete sidewalk in front of a store. Several
weeks after the sidewalk was installed, the concrete buckles and a passerby trips
and falls on the buckled sidewalk. The passerby sues the contractor to recover
medical expenses incurred due to the fall. This commercial liability loss is
categorized as
This commercial liability loss is categorized as completed operations liability.
A customer filed a suit against Patsy's Market, claiming that she was injured when
she slipped and fell in the produce section. The customer claimed that she broke
her elbow, had to have surgery, and missed a week of work. The owner of Patsy's
Market told its commercial general liability (CGL) insurer that the produce area
was always clean and that the claim was suspicious. After reviewing the medical
,3|Page
bills and video footage from the market, the insurer concluded that Patsy's Market
was probably liable for the customer's injury. The CGL insurer will most likely
attempt to do which one of the following?
If the insurer's investigation revealed that Patsy's Market was liable and that the
damages were covered by the policy, it would likely try to negotiate an out of court
settlement.
A customer shopping at Clark's Food Market dropped a bottle of wine at the
checkout counter. The bottle broke and cut the customer's leg. The customer
required some minor medical attention and a few stitches. Which one of the
following coverages under Clark's Commercial General Liability (CGL) coverage
form would pay for the customer's expenses?
Medical payments coverage would provide coverage for the customer's medical
expenses. Its role is to pay small bodily injury claims without having to establish
liability, perhaps reducing that likelihood that an accident victim will sue the
insured.
A family recently purchased a new home constructed by a residential home
builder. Two months after taking possession, several of the family members were
injured when the roof suddenly collapsed. The family sued the construction
company and was awarded monetary damages for their injuries. This is an example
of which one of the following types of commercial liability loss exposure for the
construction company?
Completed operations liability
A motor truck cargo liability policy
A motor truck cargo liability policy covers a trucking company's liability for
damage to goods of others while being transported by the trucker.
, 4|Page
A not-for-profit public interest group posted a newspaper editorial on its electronic
chatroom that falsely accused a local politician of criminal activity. The public
interest group is insured under an unendorsed Commercial General Liability
(CGL) policy. The politician who was falsely accused filed suit against the public
interest group for libel. Which one of these statements best describes the probable
response the public interest group will receive from its insurer after the insurer
reviews these facts?
The claim will be denied because Coverage B of the CGL policy excludes any
injury arising out of an electronic chatroom or electronic bulletin board.
A policy that covers damage to customer's goods while in the possession of the
insured, regardless of liability is It would be
a bailee customer policy that covers damage to a customer's goods while in the
possession of the insured, regardless of liability.
A private company posted a video on the internet introducing a new product. The
music used in the video was from a copyrighted song. When the company sought
coverage under Part B of their Commercial General Liability (CGL) Coverage
Form after a claim was filed against them for damages, coverage will most likely
be excluded based on which one of the following exclusions?
Coverage for infringement of copyright, patent, trademarks, or trade secret are
excluded unless it occurs in an advertisement exclusion
A vehicle owner had a tire store install four new wheels and tires on the vehicle.
On the way home from the store, one of the wheels came off, causing the vehicle
AINS 103 TEST EXAM|| ACTUAL AND LATELY
UPDATED 2025 QUESTIONS AND 100%
CORRECT ANSWERS GRADED A+|| LATEST AND
COMPLETE UPDATE 2025 WITH VERIFIED
SOLUTIONS|| GUARANTEED PASS!!
the typical workers compensation statute provides payment for which one of the
following?
The typical workers compensation statute provides payment for medical bills for
an injury sustained by an employee while working.
A business owner wants to know if a business income loss caused by machine
breakdown can be greater than the physical damage loss itself. How would you
answer the business owner?
Yes, a business income loss caused by machine breakdown can be greater than the
physical damage loss itself.
A carrier is prevented from delivering cargo aboard its ship due to an accident that
occurred while at sea. One of the losses the carrier may face is loss of freight. Loss
of freight refers to which one of the following?
Freight is the compensation the carrier receives for transporting cargo.
A carrier that is prevented by an accident from delivering the cargo aboard its ship
may face an exposure called loss of freight, which is
The compensation the carrier receives for transporting cargo.
,2|Page
A commercial building may contain furniture, machinery and equipment and
finished products. Which one of the following is the term generally used in
property insurance policies to refer to all these types of property?
Property insurance policies generally refer to the contents of a commercial building
as "business personal property."
A company owns land that is used as a softball diamond and recreational park for
hosting employee picnics. Once a year the company also allows a non-profit
organization to hold a softball game on these premises. During this year's softball
game, the director of the non-profit was injured when a softball hit him in the head.
He asked the company that owns the land to pay for his trip to the emergency
room. The company's unendorsed Commercial General Liability policy
The company's unendorsed Commercial General Liability policy does not cover
the director's injuries sustained because they happened during an athletic event.
A contractor is hired to install a new concrete sidewalk in front of a store. Several
weeks after the sidewalk was installed, the concrete buckles and a passerby trips
and falls on the buckled sidewalk. The passerby sues the contractor to recover
medical expenses incurred due to the fall. This commercial liability loss is
categorized as
This commercial liability loss is categorized as completed operations liability.
A customer filed a suit against Patsy's Market, claiming that she was injured when
she slipped and fell in the produce section. The customer claimed that she broke
her elbow, had to have surgery, and missed a week of work. The owner of Patsy's
Market told its commercial general liability (CGL) insurer that the produce area
was always clean and that the claim was suspicious. After reviewing the medical
,3|Page
bills and video footage from the market, the insurer concluded that Patsy's Market
was probably liable for the customer's injury. The CGL insurer will most likely
attempt to do which one of the following?
If the insurer's investigation revealed that Patsy's Market was liable and that the
damages were covered by the policy, it would likely try to negotiate an out of court
settlement.
A customer shopping at Clark's Food Market dropped a bottle of wine at the
checkout counter. The bottle broke and cut the customer's leg. The customer
required some minor medical attention and a few stitches. Which one of the
following coverages under Clark's Commercial General Liability (CGL) coverage
form would pay for the customer's expenses?
Medical payments coverage would provide coverage for the customer's medical
expenses. Its role is to pay small bodily injury claims without having to establish
liability, perhaps reducing that likelihood that an accident victim will sue the
insured.
A family recently purchased a new home constructed by a residential home
builder. Two months after taking possession, several of the family members were
injured when the roof suddenly collapsed. The family sued the construction
company and was awarded monetary damages for their injuries. This is an example
of which one of the following types of commercial liability loss exposure for the
construction company?
Completed operations liability
A motor truck cargo liability policy
A motor truck cargo liability policy covers a trucking company's liability for
damage to goods of others while being transported by the trucker.
, 4|Page
A not-for-profit public interest group posted a newspaper editorial on its electronic
chatroom that falsely accused a local politician of criminal activity. The public
interest group is insured under an unendorsed Commercial General Liability
(CGL) policy. The politician who was falsely accused filed suit against the public
interest group for libel. Which one of these statements best describes the probable
response the public interest group will receive from its insurer after the insurer
reviews these facts?
The claim will be denied because Coverage B of the CGL policy excludes any
injury arising out of an electronic chatroom or electronic bulletin board.
A policy that covers damage to customer's goods while in the possession of the
insured, regardless of liability is It would be
a bailee customer policy that covers damage to a customer's goods while in the
possession of the insured, regardless of liability.
A private company posted a video on the internet introducing a new product. The
music used in the video was from a copyrighted song. When the company sought
coverage under Part B of their Commercial General Liability (CGL) Coverage
Form after a claim was filed against them for damages, coverage will most likely
be excluded based on which one of the following exclusions?
Coverage for infringement of copyright, patent, trademarks, or trade secret are
excluded unless it occurs in an advertisement exclusion
A vehicle owner had a tire store install four new wheels and tires on the vehicle.
On the way home from the store, one of the wheels came off, causing the vehicle
