Ribo Study guides, Class notes & Summaries

RIBO ONTARIO AUTO COMPLETE EXAM WITH ALL QUESTIONS AND ANSWERS ...

RIBO GENERAL EXAM WITH QUESTIONS AND ANSWERS ...

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 How many of the RIBO council are appointed? correct answers 4 How much equity capitalization must a sole proprietorship have? correct answers Greater of $2,500 or amount of deductible How much e...

RIBO TEST 3 HOME INSURANCE ALREADY PASSED 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 Arson Conviction Reward Which of the following statements is CORRECT about the Highway Victims Indemnity Fund? It will not pay if the claimant is totally responsible for causing the accident. To cover costs...

RIBO Insurance Exam (Study Notes for Insurance Exam)Questions With Complete Solutions.

RIBO EXAM WITH QUESTIONS AND ANSWERS ...

RIBO Exam (Ch 1-4) Latest 2023 Graded A Insured A person or entity who purchases an insurance policy. 1st party Insurer The insurance company who issues an insurance policy. 2nd party Lessor a person or entity that grants a lease (bank) Lessee A person who purchases the lease Mortgagee A person or entity that provides a loan (bank) Mortgagor A person who borrows money Chinese Shippers -Around 2000 BCE -First group to demonstrate "risk mitigation" -They used to separate boats for each goo...

RIBO ENTRY LEVEL 1 EXAM WITH QUESTIONS AND ANSWERS ....

RIBO FINAL EXAM 2024...