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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 answers 1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation. ...
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Add to cartThe 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 answers 1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation. ...
Is the following statements found in the Homeowner/Tenant/Condo policy is correct: The insured may have the option of a "replacement cost" basis settlement on his building(s) as long as it is on the same location and is done within a reasonable time, but the insured may be penalized in the amount ...
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Add to cartIs the following statements found in the Homeowner/Tenant/Condo policy is correct: The insured may have the option of a "replacement cost" basis settlement on his building(s) as long as it is on the same location and is done within a reasonable time, but the insured may be penalized in the amount ...
How many days do you have to notify RIBO council in writing within having an accident involving loss or damage to persons or property correct answers 7 Is third party liability mandatory and what is the minimum? correct answers 200'000 What does the agreed value of automobiles endorsement do?...
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Add to cartHow many days do you have to notify RIBO council in writing within having an accident involving loss or damage to persons or property correct answers 7 Is third party liability mandatory and what is the minimum? correct answers 200'000 What does the agreed value of automobiles endorsement do?...
In the Homeowners Comprehensive Policy, there are Extensions of Coverage provided. Which of the following extensions increase the amount of insurance? a. Tear Out b. Moving to Another Home Incorrect c. Arson Conviction Reward d. Lock Replacement correct answers Arson Conviction Reward Which o...
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Add to cartIn the Homeowners Comprehensive Policy, there are Extensions of Coverage provided. Which of the following extensions increase the amount of insurance? a. Tear Out b. Moving to Another Home Incorrect c. Arson Conviction Reward d. Lock Replacement correct answers Arson Conviction Reward Which o...
INSURANCE correct answers The undertaking by one person to indemnify another person against loss or liability for loss in respect of a certain risk or peril to which the object of the insurance may be exposed, or to pay a sum of money or other thing of value upon the happening of a certain event OR ...
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Add to cartINSURANCE correct answers The undertaking by one person to indemnify another person against loss or liability for loss in respect of a certain risk or peril to which the object of the insurance may be exposed, or to pay a sum of money or other thing of value upon the happening of a certain event OR ...
Deductible correct answers The amount of money a policyholder pays out of pocket to cover the first portion of a loss before the insurance begins to cover the balance General Insurance correct answers Any insurance product other than travel, life, or health insurance Hazard correct answers Any...
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Add to cartDeductible correct answers The amount of money a policyholder pays out of pocket to cover the first portion of a loss before the insurance begins to cover the balance General Insurance correct answers Any insurance product other than travel, life, or health insurance Hazard correct answers Any...
Which one of the following is not a coverage of the Commercial General Liability Policy ? a. premises and operations b. Supplementary payments c. Consequential loss assumption clause d. Personal Injury correct answers Answer: C How many of the RIBO council are elected? correct answers 9 ...
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Add to cartWhich one of the following is not a coverage of the Commercial General Liability Policy ? a. premises and operations b. Supplementary payments c. Consequential loss assumption clause d. Personal Injury correct answers Answer: C How many of the RIBO council are elected? correct answers 9 ...
What does ribo stand for? correct answers Registered Insurance Broker of Ontario Who does the RIB act protect? correct answers The insurance consumer What are 3 things a broker with a restricted license (acting under supervision) may not do? correct answers Control trust funds, act as principa...
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Add to cartWhat does ribo stand for? correct answers Registered Insurance Broker of Ontario Who does the RIB act protect? correct answers The insurance consumer What are 3 things a broker with a restricted license (acting under supervision) may not do? correct answers Control trust funds, act as principa...
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