Ribo act - Study guides, Class notes & Summaries

RIBO RIBO RIBO ACT INFORMATION EXAM QUESTIONS AND ANSWERS 2023.

RIBO RIBO RIBO ACT INFORMATION EXAM QUESTIONS with Correct answers.

RIBO ACT QUIZ 1 EXAM 2024...

RIBO ACT EXAM 2024...

RIBO ACT INFORMATION EXAM QUESTIONS WITH CERTIFIED SOLUTIONS incapicitated member a member suffering froma physical or mental condition or disorder and can no longer carry on business as a registered insurance broker, this is typically determiend by the manager. insurance broker any person who for any comepnsation, commission or other thing of calue, with respect to persons or property in ontario, deals directly with the public. member an individual, partnership or corporating registered under...

RIBO ACT LATEST 2023 ALREADY GRADED A Who can be a broker Section 5(a) An Individual, greater than 18, Good Character, Has not been convicted, has not been refused membership in the past, Satisfies educational requirements, only business is insurance, carries in business, continuing education. Section 6 - Co-operation, only business is insurance, under the guidance of a principal broker, complied with provision of the regulation, not in contravention to the Insurance act. Section 7 - Partnership...

An insurance broker - Answer-means any person who for compensation, commission or other thing of value, with respect to person or property in Ontario, deals directly with public and holds himself, herself or itself out as : 1. acts or aids in negotiating the contracts of insurance 2. provides risk management service 3. makes recommendations or gives advice regarding the insurance plan A manager may cancel a registration when: - Answer-1. for non-payment of any prescribed fee after giving ...

incapicitated member - Answer-a member suffering froma physical or mental condition or disorder and can no longer carry on business as a registered insurance broker, this is typically determiend by the manager. insurance broker - Answer-any person who for any comepnsation, commission or other thing of calue, with respect to persons or property in ontario, deals directly with the public. member - Answer-an individual, partnership or corporating registered under this act to carry on business...

RIBO ACT UPDATED Exam Questions and CORRECT Answers Who can be a broker - Correct Answer- Section 5(a) An Individual, greater than 18, Good Character, Has not been convicted, has not been refused membership in the past, Satisfies educational requirements, only business is insurance, carries in business, continuing education. Section 6 - Co-operation, only business is insurance, under the guidance of a principal broker, complied with provision of the regulation, not in contravention ...

RIBO RIBO RIBO ACT INFORMATION EXAM QUESTIONS AND ANSWERS 2023 SOLVED CORRECTLY