Ains 101 Study guides, Class notes & Summaries
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AINS 101 Exam Prep
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As a single mother on a very tight budget, Ciara is tempted to skimp on her insurance. However, her friend Mehmet tells her not to skimp on insurance, because it will help manage her cash flows. Which one of the following examples best illustrates Mehmet's point? 
 
A. Ciara needs her car to get to her job, and she needs her job to make car payments and pay for her car insurance. 
B. When her car's windshield breaks, Ciara has to pay only $100 of the $600 cost of replacing it. 
C. When her car...
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AINS 101 Exam Prep Questions and Answers 100% Pass
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AINS 101 Exam Prep Questions and 
 
Answers 100% Pass 
 
Loss exposure any condition or situation that presents a possibility of loss, whether or not an 
actual loss occurs 
 
Premium the price of the insurance coverage provided for a specified period 
 
Indemnify to restore a party who has sustained a loss to the same financial position that party 
held before the loss occurred 
 
Insured any person or organization who is insured under an insurance policy 
 
Property-casualty insurance one of t...
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AINS 101 Verified Questions And Answers With Complete Updates
- Exam (elaborations) • 37 pages • 2023
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AINS 101 Verified Questions And Answers With Complete Updates
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AINS 101 Exam – Questions And Answers (Graded A+)
- Exam (elaborations) • 46 pages • 2023
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AINS 101 Exam – Questions And Answers (Graded A+)
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2024 AINS 101 Exam New Latest Version Best Studying Material with 500+ Questions from Actual Past Exam and 100% Correct Answers
- Exam (elaborations) • 110 pages • 2024
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2024 AINS 101 Exam New Latest Version Best Studying Material 
with 500+ Questions from Actual Past Exam and 100% Correct 
Answers
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AINS 101 Exam Prep with complete Solutions | Latest 2024/2025
- Exam (elaborations) • 14 pages • 2024
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Loss exposure ️ any condition or situation that presents a possibility of 
loss, whether or not an actual loss occurs 
Premium ️ the price of the insurance coverage provided for a specified 
period 
Indemnify ️ to restore a party who has sustained a loss to the same 
financial position that party held before the loss occurred 
Insured ️ any person or organization who is insured under an insurance 
policy 
Property-casualty insurance ️ one of the two main sectors of the 
insurance indus...
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AINS 101 Exam – Questions With Solutions
- Exam (elaborations) • 25 pages • 2023
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AINS 101 Exam – Questions With Solutions
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AINS 101: Practice Questions with Approved Answers | Latest 2024/2025
- Exam (elaborations) • 15 pages • 2024
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Which one of the following best describes the concept of pooling? ️ The 
concept of pooling is that insureds share the cost of each other's losses 
As a single mother on a very tight budget, Ciara is tempted to skimp on her 
insurance. However, her friend Mehmet tells her not to skimp on insurance, 
because it will help manage her cash flows. Which one of the following 
examples best illustrates Mehmet's point? ️ When her car's windshield 
breaks, Ciara has to pay only $100 of the $600 co...
-
AINS 101 Exam Prep Questions and Answers 2023
- Exam (elaborations) • 56 pages • 2023
- Available in package deal
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- $14.49
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AINS 101 Exam Prep Questions and Answers 2023
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AINS 101 Exam Questions with correct Answers
- Exam (elaborations) • 37 pages • 2023
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AINS 101 Exam Questions with correct Answers
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