AINS 103 EXAM QUESTIONS WITH 100% CORRECT
ANSWERS | LATEST UPDATE 2026/2027 (GRADED A+)
S
Which done dof dthe dfollowing dentities dwould dlikely dhave dthe
dgreatest dcompleted doperations dloss dexposure? d- dcorrect
danswers✔✔A. dPaul dthe dplumber
A dcarrier dthat dis dprevented dby dan daccident dfrom ddelivering dthe
dcargo daboard dits dship dmay dface dan dexposure dcalled dloss dof
dfreight, dwhich dis d- dcorrect danswers✔✔B. dThe dcompensation
dthe dcarrier dreceives dfor dtransporting dcargo.
To dbe dcovered dunder da dworkers dcompensation dstatute, dan
dinjury dor ddisease d(in dmost dstates) dmust dmeet dwhich done dof
dthe dfollowing drequirements? d- dcorrect danswers✔✔A. dArise
dout dof demployees' djob-related dinjuries dand ddiseases
The dunauthorized dintrusion dinto da dcompany's dcomputer
dnetwork dresulting din ddamage dto dintellectual dproperty dis dbest
dclassified das dwhich done dof dthe dfollowing dtypes dof dcyber
dliability dexposures? d- dcorrect danswers✔✔D. dIntangible
dproperty
Extra dexpenses dare dexpenses, din daddition dto dordinary
dexpenses, dthat dan dorganization dincurs dto dmitigate dthe deffects
dof da dbusiness dinterruption. dWhich done dof dthe dfollowing dis dan
dexample dof dan dextra dexpense? d- dcorrect danswers✔✔B.
dCost dto drent dtemporary doffice dspace
Radley dContracting dCompany dis dinstalling dnew dsignage don dthe
dfront dof da dbuilding. dGeorge, da dpasserby dwalking dnear dthe
dbuilding dis dinjured dwhen da dRadley demployee daccidentally
,ddrops da dtool dfrom da dcrane. dGeorge dlikely dhas dthe dability dto
dassert dwhich done dthe dfollowing dtypes dof dclaim? d- dcorrect
danswers✔✔B. dPremises dand doperations dliability
An demail dwas dsent dto da dcompany's demployees dcontaining da
dharmful dattachment. dSeveral demployees dopened dthe
dattachment dwhich dallowed dhackers dto dobtain dcustomer
dcontact dinformation. dThis dcyber drisk dloss dis d- dcorrect
danswers✔✔D. dDamage dto dintangible dproperty.
Which done dof dthe dfollowing dis done dof dthe dcovered dcauses dof
dloss din dthe dcommercial dproperty dpolicy dCauses dof dLoss—
Basic dform? d- dcorrect danswers✔✔Vandalism
Billy downs da dbaseball dsouvenir dstore din dCooperstown, dNY. dHe
dinsured dhis dstore dunder da dBuilding dand dPersonal dProperty
dCoverage dForm d(BPP) dwith da d$275,000 dlimit dand da d$1,500
ddeductible. dA dlarge dfire din dthe dstore dcaused dsignificant
ddamage damounting dto d$310,000 din dcovered ddamages. dHow
dmuch dwould dBilly's dinsurer dpay dunder dhis dBPP? d- dcorrect
danswers✔✔$275K
Which done dof dthe dfollowing dstatements dabout dInflation dGuard
doptional dcoverage dof dthe dBuilding dand dPersonal dProperty
dCoverage dForm d(BPP) dis dtrue? d- dcorrect danswers✔✔C. dIt
dis dautomatically dincreases dthe dlimit dof dinsurance dby dthe
dpercentage dof dannual dincrease dshown din dthe ddeclarations.
Which done dof dthe dfollowing dwould dbe dcovered dunder dthe
dExtra dExpense dinsuring dagreement dof dthe dBusiness dIncome
d(and dExtra dExpense) dCoverage dForm? d- dcorrect
danswers✔✔D. dCosts dto dmove dto da dtemporary dlocation
, Which done dof dthe dfollowing dwould dbe dconsidered dan dextra
dexpense dunder dthe dBusiness dIncome d(and dExtra dExpense)
dCoverage dForm dof dthe dcommercial dpackage dpolicy? d- dcorrect
danswers✔✔C. dThe dincreased dcost dof drent dat da dtemporary
dlocation
NH dManufacturing dinsures dits dbuilding dand dpersonal dproperty
dunder dthe dcommercial dproperty dcoverage dpart dof da
dcommercial dpackage dpolicy d(CPP). dDuring da dblizzard, da
dportion dof dthe dbuilding's droof dcollapsed dfrom dthe dweight dof
dsnow. dThe drisk dmanager dpulled dout dthe dCPP dto dmake dsure
dthat dthe dbuilding dwas dcovered dfor dthis dtype dof dloss. dWhich
done dof dthe dfollowing dcomponents dof dthe dcommercial dproperty
dcoverage dpart dwould dprovide dthe drisk dmanager dwith
dinformation don dthe dcovered dperils? d- dcorrect danswers✔✔A.
dCauses dof dloss dform
When dSylvester dProperties dsuffered da d$500,000 dloss dof
dbusiness dincome, dit dfiled da dclaim dunder dthe dBusiness dIncome
d(and dExtra dExpense) dCoverage dForm d(BIC) dof dits dcommercial
dpackage dpolicy. dIn dorder dfor dthe dloss dto dbe dcovered, dthe dloss
dof dbusiness dincome dmust dbe ddue dto da dnecessary dsuspension
din doperations dcaused dby da ddirect dphysical dloss dor ddamage dto
dproperty dat dthe dpremises dfor dwhich dBIC dis dshown din dthe
dpolicy ddeclarations. dWhich done dof dthe dfollowing dis dalso dpart
dof dthe dcriteria dfor dthe dloss dto dbe dcovered? d- dcorrect
danswers✔✔C. dThe dloss dor ddamage dmust dbe dcaused dby da
dcovered dcause dof dloss.
Karma dTea dShop d(KTS) dhas dthree dlocations din dBoston. dThe
dbusiness dis dinsured dby da dcommercial dpackage dpolicy dwith dthe
dBusiness dIncome d(and dExtra dExpense) dCoverage dForm d(BIC).
ANSWERS | LATEST UPDATE 2026/2027 (GRADED A+)
S
Which done dof dthe dfollowing dentities dwould dlikely dhave dthe
dgreatest dcompleted doperations dloss dexposure? d- dcorrect
danswers✔✔A. dPaul dthe dplumber
A dcarrier dthat dis dprevented dby dan daccident dfrom ddelivering dthe
dcargo daboard dits dship dmay dface dan dexposure dcalled dloss dof
dfreight, dwhich dis d- dcorrect danswers✔✔B. dThe dcompensation
dthe dcarrier dreceives dfor dtransporting dcargo.
To dbe dcovered dunder da dworkers dcompensation dstatute, dan
dinjury dor ddisease d(in dmost dstates) dmust dmeet dwhich done dof
dthe dfollowing drequirements? d- dcorrect danswers✔✔A. dArise
dout dof demployees' djob-related dinjuries dand ddiseases
The dunauthorized dintrusion dinto da dcompany's dcomputer
dnetwork dresulting din ddamage dto dintellectual dproperty dis dbest
dclassified das dwhich done dof dthe dfollowing dtypes dof dcyber
dliability dexposures? d- dcorrect danswers✔✔D. dIntangible
dproperty
Extra dexpenses dare dexpenses, din daddition dto dordinary
dexpenses, dthat dan dorganization dincurs dto dmitigate dthe deffects
dof da dbusiness dinterruption. dWhich done dof dthe dfollowing dis dan
dexample dof dan dextra dexpense? d- dcorrect danswers✔✔B.
dCost dto drent dtemporary doffice dspace
Radley dContracting dCompany dis dinstalling dnew dsignage don dthe
dfront dof da dbuilding. dGeorge, da dpasserby dwalking dnear dthe
dbuilding dis dinjured dwhen da dRadley demployee daccidentally
,ddrops da dtool dfrom da dcrane. dGeorge dlikely dhas dthe dability dto
dassert dwhich done dthe dfollowing dtypes dof dclaim? d- dcorrect
danswers✔✔B. dPremises dand doperations dliability
An demail dwas dsent dto da dcompany's demployees dcontaining da
dharmful dattachment. dSeveral demployees dopened dthe
dattachment dwhich dallowed dhackers dto dobtain dcustomer
dcontact dinformation. dThis dcyber drisk dloss dis d- dcorrect
danswers✔✔D. dDamage dto dintangible dproperty.
Which done dof dthe dfollowing dis done dof dthe dcovered dcauses dof
dloss din dthe dcommercial dproperty dpolicy dCauses dof dLoss—
Basic dform? d- dcorrect danswers✔✔Vandalism
Billy downs da dbaseball dsouvenir dstore din dCooperstown, dNY. dHe
dinsured dhis dstore dunder da dBuilding dand dPersonal dProperty
dCoverage dForm d(BPP) dwith da d$275,000 dlimit dand da d$1,500
ddeductible. dA dlarge dfire din dthe dstore dcaused dsignificant
ddamage damounting dto d$310,000 din dcovered ddamages. dHow
dmuch dwould dBilly's dinsurer dpay dunder dhis dBPP? d- dcorrect
danswers✔✔$275K
Which done dof dthe dfollowing dstatements dabout dInflation dGuard
doptional dcoverage dof dthe dBuilding dand dPersonal dProperty
dCoverage dForm d(BPP) dis dtrue? d- dcorrect danswers✔✔C. dIt
dis dautomatically dincreases dthe dlimit dof dinsurance dby dthe
dpercentage dof dannual dincrease dshown din dthe ddeclarations.
Which done dof dthe dfollowing dwould dbe dcovered dunder dthe
dExtra dExpense dinsuring dagreement dof dthe dBusiness dIncome
d(and dExtra dExpense) dCoverage dForm? d- dcorrect
danswers✔✔D. dCosts dto dmove dto da dtemporary dlocation
, Which done dof dthe dfollowing dwould dbe dconsidered dan dextra
dexpense dunder dthe dBusiness dIncome d(and dExtra dExpense)
dCoverage dForm dof dthe dcommercial dpackage dpolicy? d- dcorrect
danswers✔✔C. dThe dincreased dcost dof drent dat da dtemporary
dlocation
NH dManufacturing dinsures dits dbuilding dand dpersonal dproperty
dunder dthe dcommercial dproperty dcoverage dpart dof da
dcommercial dpackage dpolicy d(CPP). dDuring da dblizzard, da
dportion dof dthe dbuilding's droof dcollapsed dfrom dthe dweight dof
dsnow. dThe drisk dmanager dpulled dout dthe dCPP dto dmake dsure
dthat dthe dbuilding dwas dcovered dfor dthis dtype dof dloss. dWhich
done dof dthe dfollowing dcomponents dof dthe dcommercial dproperty
dcoverage dpart dwould dprovide dthe drisk dmanager dwith
dinformation don dthe dcovered dperils? d- dcorrect danswers✔✔A.
dCauses dof dloss dform
When dSylvester dProperties dsuffered da d$500,000 dloss dof
dbusiness dincome, dit dfiled da dclaim dunder dthe dBusiness dIncome
d(and dExtra dExpense) dCoverage dForm d(BIC) dof dits dcommercial
dpackage dpolicy. dIn dorder dfor dthe dloss dto dbe dcovered, dthe dloss
dof dbusiness dincome dmust dbe ddue dto da dnecessary dsuspension
din doperations dcaused dby da ddirect dphysical dloss dor ddamage dto
dproperty dat dthe dpremises dfor dwhich dBIC dis dshown din dthe
dpolicy ddeclarations. dWhich done dof dthe dfollowing dis dalso dpart
dof dthe dcriteria dfor dthe dloss dto dbe dcovered? d- dcorrect
danswers✔✔C. dThe dloss dor ddamage dmust dbe dcaused dby da
dcovered dcause dof dloss.
Karma dTea dShop d(KTS) dhas dthree dlocations din dBoston. dThe
dbusiness dis dinsured dby da dcommercial dpackage dpolicy dwith dthe
dBusiness dIncome d(and dExtra dExpense) dCoverage dForm d(BIC).
