Ribo act exam - Study guides, Class notes & Summaries

©THEBRIGHTSTARS 2024 RIBO EXAM (practice online) Questions With Correct Answers. Risk - answerChance of Loss- where the object of insurance maybe exposed Peril - answerCause of loss (wind, fire, water) Indemnification - answerWhen insurer provides exact amount of loss, no more no less - provided in money or another item of similar value Covered losses - answerAccidental and future (not on purpose or in the past) Alternatives to payment - answerRepair or replacement three types of insur...

RIBO RIBO RIBO ACT INFORMATION EXAM QUESTIONS Certified Dental Technician) Answered

incapicitated member - ️️a member suffering froma physical or mental condition or disorder and can no longer carry on business as a registered insurance broker, this is typically determiend by the manager. insurance broker - ️️any person who for any comepnsation, commission or other thing of calue, with respect to persons or property in ontario, deals directly with the public. member - ️️an individual, partnership or corporating registered under this act to carry on business as...

RIBO ACT Exam(Selected sections as per study guide) 2023