Ribo exam prep - Study guides, Class notes & Summaries
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RIBO: ENTRY LEVEL 1 Exam Prep Latest Version 2024/2025 Expert-Verified Q&As
- Exam (elaborations) • 15 pages • 2024
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10 Included ONT. automobiles in OAP #1 
(PT 
BMS 
RAT 
LC) - Private passenger vehicle 
Trucks 
Buses 
Motorcycle 
Snowmobiles 
Recreational vehicle (RV) 
All-Terrain Vehicles (ATV) 
Trailers 
Leased Vehicles 
Commercial Vehicles 
2% Waiver - Pay loss in full (LOSS) 
3 Ways risk (management) is dealt with? - REDUCE: preventative measures 
ASSUME/RETAIN: Self-insure 
TRANSFER: purchase insurance
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RIBO (All Correct)
- Package deal • 8 items • 2023
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RIBO Exam (Ch 1-4) (with 100% Error-free Answers)
RIBO Insurance Exam (100% Correct Answers)
RIBO exam prep (100% Verified Solutions)
RIBO – General (100% Accurate Answers)
RIBO (All Correct)
ONTARIO AUTO EXAM (RIBO) A+ Graded.
RIBO: ENTRY LEVEL 1 (with Complete Solutions)
RIBO Practice Questions (100% Errorless Answers)

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RIBO 80 exam prep Questions with 100% Correct Answers | Verified
- Exam (elaborations) • 7 pages • 2024
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Implied Contract - ️️a contract that comes about from the actions of the parties 
 
Express Contract - ️️Terms have been specificity states and agreed upon by both parties 
 
Reinsurance - ️️insurance for insurance companies 
 
Frequency - ️️Percentage of what we insure. 
 
severity - ️️$ amount of the loss 
 
contract - ️️agreement between two or more parties 
 
void - ️️The policy never existed. Any premium received must be returned. 
 
legal entity/person - ️️S...
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