Ribo exam - Study guides, Class notes & Summaries

RIBO Exam Prep UPDATED Exam Questions and CORRECT Answers 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

RIBO Exam Fall 2023 with complete solution

RIBO Exam with complete solution

RIBO Exam Complete Questions And Answers Already Passed

Which of the following statements best describes actual cash value? - Answer-The replacement cost at the time of loss less depreciation Personal injury liability under the Commercial General Liability Policy covers sums that the insured becomes legally obligated to pay: - Answer-Because of injury to a person's character by such things as false arrest or malicious prosecution. Under an automobile policy, property damage means damage to which of the following? - AnswerProperty of others but ...

RIBO Exam Questions and Answers with complete solution

The Manager, under the RIBO Act, may cancel the license of a member for non-payment of any prescribed fee after giving the member at least: - Answer-1 month notice in writing of the default and intention to cancel the registration subject to the continuing jurisdiction of the Corporation. Upon successful completion of the examination, you may qualify for registration as an insurance broker. If issued, the registration will be "restricted to acting under supervision." Which one (1) of the ...

RIBO exam prep with complete questions and answers

RIBO exam prep 2023 with complete solution

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