8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
AINS 103
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Terms in this set (297)
Which one of the C. Tangible property that includes land, structures
following best describes permanently attached to the land, and whatever is
real property? growing on the land.
Select one:
A. Property being shipped
to or from others.
B. Business personal
property that includes
furniture, machinery and
equipment, and
stock/inventory.
C. Tangible property that
includes land, structures
permanently attached to
the land, and whatever is
growing on the land.
D. Vehicles, merchandise,
furniture, tools, and similar
items.
https://quizlet.com/1063891658/ains-103-flash-cards/?new 1/81
,8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
Extra expenses are A. Cost to rent temporary office space
expenses, in 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?
Select one:
A. Cost to rent temporary
office space
B. Insurance premiums
C. Debt repayments
D. Payroll of key
employees
Upon entering a A. Premises and operations liability
restaurant, a customer
grasped a handrail that
broke off, causing the
customer to fall and break
his wrist. This is an
example of which one of
the following types of
commercial general
liability loss?
Select one:
A. Premises and
operations liability
B. Personal and
advertising injury liability
C. Absolute liability
D. Products and
completed operations
liability
https://quizlet.com/1063891658/ains-103-flash-cards/?new 2/81
,8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
The liability loss exposure D. Premises and operations liability.
that exists when an
organization is legally
responsible for bodily
injury or property damage
caused by an accident
that occurs on an
organization's owned,
leased, or rented property
is
Select one:
A. Professional liability.
B. Property liability.
C. Operations liability.
D. Premises and
operations liability.
Automobile liability D. Hiring or borrowing an automobile.
exposures can result from
Select one:
A. Damage to or
destruction of an owned
vehicle.
B. Loss of use of an owned
automobile.
C. Workers compensation
laws.
D. Hiring or borrowing an
automobile.
https://quizlet.com/1063891658/ains-103-flash-cards/?new 3/81
, 8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
To be covered under a C. Arise out of employees' job-related injuries and
workers compensation diseases
statute, an injury or
disease (in most states)
must meet which one of
the following
requirements?
Select one:
A. Result from the
employer's negligence
B. Occur away from the
regular work premises
C. Arise out of employees'
job-related injuries and
diseases
D. Result in total disability
Cyber risk intellectual A. Cyber extortion of trade secrets.
property loss exposures
include
Select one:
A. Cyber extortion of
trade secrets.
B. Personal and
advertising injury liability.
C. Loss to tangible
property.
D. Property damage
liability.
https://quizlet.com/1063891658/ains-103-flash-cards/?new 4/81
AINS 103
Save
Terms in this set (297)
Which one of the C. Tangible property that includes land, structures
following best describes permanently attached to the land, and whatever is
real property? growing on the land.
Select one:
A. Property being shipped
to or from others.
B. Business personal
property that includes
furniture, machinery and
equipment, and
stock/inventory.
C. Tangible property that
includes land, structures
permanently attached to
the land, and whatever is
growing on the land.
D. Vehicles, merchandise,
furniture, tools, and similar
items.
https://quizlet.com/1063891658/ains-103-flash-cards/?new 1/81
,8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
Extra expenses are A. Cost to rent temporary office space
expenses, in 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?
Select one:
A. Cost to rent temporary
office space
B. Insurance premiums
C. Debt repayments
D. Payroll of key
employees
Upon entering a A. Premises and operations liability
restaurant, a customer
grasped a handrail that
broke off, causing the
customer to fall and break
his wrist. This is an
example of which one of
the following types of
commercial general
liability loss?
Select one:
A. Premises and
operations liability
B. Personal and
advertising injury liability
C. Absolute liability
D. Products and
completed operations
liability
https://quizlet.com/1063891658/ains-103-flash-cards/?new 2/81
,8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
The liability loss exposure D. Premises and operations liability.
that exists when an
organization is legally
responsible for bodily
injury or property damage
caused by an accident
that occurs on an
organization's owned,
leased, or rented property
is
Select one:
A. Professional liability.
B. Property liability.
C. Operations liability.
D. Premises and
operations liability.
Automobile liability D. Hiring or borrowing an automobile.
exposures can result from
Select one:
A. Damage to or
destruction of an owned
vehicle.
B. Loss of use of an owned
automobile.
C. Workers compensation
laws.
D. Hiring or borrowing an
automobile.
https://quizlet.com/1063891658/ains-103-flash-cards/?new 3/81
, 8/4/25, 9:36 PM AINS 103 Flashcards | Quizlet
To be covered under a C. Arise out of employees' job-related injuries and
workers compensation diseases
statute, an injury or
disease (in most states)
must meet which one of
the following
requirements?
Select one:
A. Result from the
employer's negligence
B. Occur away from the
regular work premises
C. Arise out of employees'
job-related injuries and
diseases
D. Result in total disability
Cyber risk intellectual A. Cyber extortion of trade secrets.
property loss exposures
include
Select one:
A. Cyber extortion of
trade secrets.
B. Personal and
advertising injury liability.
C. Loss to tangible
property.
D. Property damage
liability.
https://quizlet.com/1063891658/ains-103-flash-cards/?new 4/81
