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CAIB 2: Chapter 7 exam 2024 with 100% correct answers $11.99   Add to cart
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CAIB 2: Chapter 7 exam 2024 with 100% correct answers

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CAIB 2: Chapter 7 exam 2024 with 100% correct answersReasons and Obstacles correct answersReasons: - Protect Client - Reassure Confidentiality - Discuss Disaster Mangement Obstacles - Too Technical - Reluctance to Reveal Earnings - Lack of Consumer Knowledge Getting back into Business options corre...

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  • April 3, 2024
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  • 2023/2024
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  • caib 2 chapter 7 exam 2024 with 100 correct answ

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CAIB 1 Chapter 7




CAIB 1 Chapter 7






, CAIB 1 Chapter 7




1. Who is responsible for the administration of the insurance act in your

province?: MB Government

2. Outline the initial licensing requirements, whether there are different

levels of licenses, the supervision requirements, and license terms in your

province.-

: Insurance license required. CAIB 1 with supervision

3. Outline the class of license issued in our province and whether this

license would be valid in other provinces.: CAIB, this is transferable to other

provinces

4. Define "Ethics: the principles of conduct governing an individual or a group

5. Identify 3 temptations that could cause a broker to act unethically.: 1. Sell

more insurance than is needed

2. Sell higher priced coverage when equivalent coverage is available at a lower

price

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