Ribo - Study guides, Class notes & Summaries

ONTARIO AUTO EXAM (RIBO) UPDATED Exam Questions and CORRECT Answers Your client calls to advise he/she needs insurance on a car leased from an automobile dealer. Which one (1) of the following policies is required? A. O.A.P. 1 Owner Form, suitably endorsed. B. O.P.F. #2 Driver's Form. C. O.P.F. #6 Non-owned Automobile Form, suitable endorsed. D. Garage Auto Form, suitably endorsed. - Correct Answer- A. O.A.P. 1 Owner Form,

RIBO Insurance Course UPDATED Exam Questions and CORRECT Answers Mary lives in a townhouse unit that she rents. A fire in the unit next door also damages Mary's unit. The damage is significant and Mary will have to move out while it is being repaired. Which tenants policy section will cover the cost of providing her with a temporary place to live? Select one: a. Property contents b. Additional living expenses

ONTORIO AUTO (RIBO) EXAM QUESTIONS WITH ACCURATE SOLUTIONS (A+ graded).

RIBO General Insurance Essentials - C81 + C82 100% Correct

RIBO Insurance Practice Exam Solved 100% Correct

ONTARIO AUTO EXAM (RIBO) LATEST 2023 UPDATE WITH COMPLETE SOLUTION

RIBO UPDATED Exam Questions and CORRECT Answers The Manager, under the RIBO Act, may cancel the license of a member for non-payment of any prescribed fee after giving the member at least: - Correct Answer- 1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation.

RIBO Exam Questions and Answers Already Passed The Manager, under the RIBO Act, may cancel the license of a member for non-payment of any prescribed fee after giving the member at least: 1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation. Upon successful completion of the examination, you may qualify for registration as an insurance broker. If issued, the registration will be "restricted to acting under s...

The Manager, under the RIBO Act, may cancel the license of a member for non-payment of any prescribed fee after giving the member at least: - Answer-1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation. Upon successful completion of the examination, you may qualify for registration as an insurance broker. If issued, the registration will be "restricted to acting under supervision." Which one (1) of the ...

RIBO Insurance Exam UPDATED Exam Questions and CORRECT Answers What makes pure risk insurable while speculative not? - Correct Answer- Pure risk insurance is a situation involving a chance of a loss without a chance of gain. Insurance will accept situations where there is no potential for gain. Pure Risk - Correct Answer- A situation involving a chance of loss without a chance of gain. Example: property damage Speculative Risk - Correct Answer- A situation where the possibility of eit...