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PACKAGE DEAL OF RIBO ACTUAL COMBINED QUESTIONS WITH COMPLETE SOLUTION
PACKAGE DEAL OF RIBO ACTUAL COMBINED QUESTIONS WITH COMPLETE SOLUTION 
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7. RIBO Lab Question and answers 100% correct


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Comprehensive, Tenants, Condo, unit owner package policy : RIBO Question and answers rated A+


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Level 2 Management – RIBO Question and answers rated A+


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- 7. RIBO Lab Question and answers 100% correct • Exam (elaborations)
- Comprehensive, Tenants, Condo, unit owner package policy : RIBO Question and answers rated A+ • Exam (elaborations)
- Level 2 Management – RIBO Question and answers rated A+ • Exam (elaborations)
- RIBO - Quiz Auto sec 1-3 Question and answers rated A+ • Exam (elaborations)
- RIBO - Act & By-Laws Question and answers 100% correct • Exam (elaborations)
- And more ….
PACKAGE DEAL OF RIBO ACTUAL COMBINED QUESTIONS WITH COMPLETE SOLUTION 
Exam (elaborations)
7. RIBO Lab Question and answers 100% correct


Exam (elaborations)
Comprehensive, Tenants, Condo, unit owner package policy : RIBO Question and answers rated A+


Exam (elaborations)
Level 2 Management – RIBO Question and answers rated A+


Exam (elaboration

RIBO - C81 - Chpt 4 Question and answers rated A+
RIBO - C81 - Chpt 4 Question and answers rated A+ 
 
Application - correct answer Application is a request for insurance. It is a primary declaration by the applicant detailing risk, coverage and other details essential to properly insure the risk. 
 
Coverage - correct answer What the insurance contract covers 
 
Material Facts - correct answer Information about the subject of insurance, insured risk, that, if known, would change the underwriting basis of the insurance, and which could ca...
- Exam (elaborations)
- • 4 pages •
RIBO - C81 - Chpt 4 Question and answers rated A+ 
 
Application - correct answer Application is a request for insurance. It is a primary declaration by the applicant detailing risk, coverage and other details essential to properly insure the risk. 
 
Coverage - correct answer What the insurance contract covers 
 
Material Facts - correct answer Information about the subject of insurance, insured risk, that, if known, would change the underwriting basis of the insurance, and which could ca...

RIBO TEST #3 HOME INSURANCE QUESTION AND ANSWERS CORRECTLY SOLVED
RIBO TEST #3 HOME INSURANCE QUESTION AND ANSWERS CORRECTLY SOLVED 
 
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 answer Arson Conviction Reward 
 
Which of the following statements is CORRECT about the Highway Victims Indemnity Fund? - correct answer It will not pay if the claim...
- Exam (elaborations)
- • 13 pages •
RIBO TEST #3 HOME INSURANCE QUESTION AND ANSWERS CORRECTLY SOLVED 
 
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 answer Arson Conviction Reward 
 
Which of the following statements is CORRECT about the Highway Victims Indemnity Fund? - correct answer It will not pay if the claim...

RIBO Test Bank (IBAO) Questions with complete solution
RIBO Test Bank (IBAO) Questions with complete solution
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- Exam (elaborations)
- • 57 pages •
RIBO Test Bank (IBAO) Questions with complete solution

RIBO Study 1 Notes Question and answers verified to pass
RIBO Study 1 Notes Question and answers verified to pass 
 
Insurance Contract - correct answer A contract between the insured and the insurer 
 
Insurance general Rule - correct answer Sharing the losses of a few amongst the many. 
 
2 Important Elements on an Insurance Contract - correct answer Must be in the future and the future event must be fortuitous (accidental) 
 
3 Categories of Insurable Risk - correct answer Personal, Property, Liability 
 
3 Classes of Insurance / Risk - cor...
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- Exam (elaborations)
- • 5 pages •
RIBO Study 1 Notes Question and answers verified to pass 
 
Insurance Contract - correct answer A contract between the insured and the insurer 
 
Insurance general Rule - correct answer Sharing the losses of a few amongst the many. 
 
2 Important Elements on an Insurance Contract - correct answer Must be in the future and the future event must be fortuitous (accidental) 
 
3 Categories of Insurable Risk - correct answer Personal, Property, Liability 
 
3 Classes of Insurance / Risk - cor...

RIBO RIBO ACT INFORMATION EXAM QUESTIONS AND ANSWERS CORRECTLY SOLVED
RIBO RIBO ACT INFORMATION EXAM QUESTIONS AND ANSWERS CORRECTLY SOLVED 
 
incapacitated member - correct answer a member suffering from a physical or mental condition or disorder and can no longer carry on business as a registered insurance broker, this is typically determined by the manager. 
 
insurance broker - correct answer any person who for any compensation, commission or other thing of value, with respect to persons or property in Ontario, deals directly with the public. 
 
member - ...
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- Exam (elaborations)
- • 8 pages •
RIBO RIBO ACT INFORMATION EXAM QUESTIONS AND ANSWERS CORRECTLY SOLVED 
 
incapacitated member - correct answer a member suffering from a physical or mental condition or disorder and can no longer carry on business as a registered insurance broker, this is typically determined by the manager. 
 
insurance broker - correct answer any person who for any compensation, commission or other thing of value, with respect to persons or property in Ontario, deals directly with the public. 
 
member - ...

RIBO Level 1 – Review Questions with complete solution
RIBO Level 1 – Review Questions with complete solution 
 
Non-disclosure - correct answer Withholding facts necessary to underwrite a risk 
 
Independent Adjuster - correct answer Someone who adjusts losses on behalf of the insurance companies, but is not employed by them 
 
Reinsurance - correct answer A form of insurance whereby one insurance company (the reinsurer) in consideration of a premium paid to it, agrees to indemnify another insurance company (the ceding company) for part or...
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- Exam (elaborations)
- • 5 pages •
RIBO Level 1 – Review Questions with complete solution 
 
Non-disclosure - correct answer Withholding facts necessary to underwrite a risk 
 
Independent Adjuster - correct answer Someone who adjusts losses on behalf of the insurance companies, but is not employed by them 
 
Reinsurance - correct answer A form of insurance whereby one insurance company (the reinsurer) in consideration of a premium paid to it, agrees to indemnify another insurance company (the ceding company) for part or...

RIBO exam prep Question and answers already passed
RIBO exam prep Question and answers already passed 
 
Implied Contract - correct answer a contract that comes about from the actions of the parties 
 
Express Contract - correct answer Terms have been specificity states and agreed upon by both parties 
 
Reinsurance - correct answer insurance for insurance companies 
 
Frequency - correct answer Percentage of what we insure. 
 
severity - correct answer $ amount of the loss 
 
contract - correct answer agreement between two or more ...
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- Exam (elaborations)
- • 13 pages •
RIBO exam prep Question and answers already passed 
 
Implied Contract - correct answer a contract that comes about from the actions of the parties 
 
Express Contract - correct answer Terms have been specificity states and agreed upon by both parties 
 
Reinsurance - correct answer insurance for insurance companies 
 
Frequency - correct answer Percentage of what we insure. 
 
severity - correct answer $ amount of the loss 
 
contract - correct answer agreement between two or more ...

Ribo: Travel part Question and answers rated A+
Ribo: Travel part Question and answers rated A+ 
 
Out of province Travel Insurance is available to: 
 
a) Only those travelers who are retired or semi retired 
b) all travelers who reside in any province of Canada except Quebec 
c) All travelers regardless of province 
d) All travelers who are registered with the OHIP Out of Canada benefits dept. - correct answer C 
 
Generally OHIP ceases to cover your health care if you are absent from Ontario for over: 
 
a) 60 days 
b) 90 days 
c) 212 day...
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- Exam (elaborations)
- • 6 pages •
Ribo: Travel part Question and answers rated A+ 
 
Out of province Travel Insurance is available to: 
 
a) Only those travelers who are retired or semi retired 
b) all travelers who reside in any province of Canada except Quebec 
c) All travelers regardless of province 
d) All travelers who are registered with the OHIP Out of Canada benefits dept. - correct answer C 
 
Generally OHIP ceases to cover your health care if you are absent from Ontario for over: 
 
a) 60 days 
b) 90 days 
c) 212 day...

RIBO Chapter 6 Definitions Questions with complete solution
RIBO Chapter 6 Definitions Questions with complete solution 
 
Code of Conduct - correct answer As defined under regulation 992 Section 14 (see page 28 of text) 
 
Corporation - correct answer A business operation that declares the business as a separate, legal entity guided by a group of officers known as a board of Directors 
 
Discipline Committee - correct answer A discipline panel comprising four brokers and a public member that conducts hearings very similar to those of a court of la...
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- Exam (elaborations)
- • 3 pages •
RIBO Chapter 6 Definitions Questions with complete solution 
 
Code of Conduct - correct answer As defined under regulation 992 Section 14 (see page 28 of text) 
 
Corporation - correct answer A business operation that declares the business as a separate, legal entity guided by a group of officers known as a board of Directors 
 
Discipline Committee - correct answer A discipline panel comprising four brokers and a public member that conducts hearings very similar to those of a court of la...
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