Ribo exam 1 - Study guides, Class notes & Summaries

RIBO Insurance Exam (1)

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

RIBO ACT INFORMATION EXAM QUESTIONS WITH CERTIFIED SOLUTIONS 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...

ONTARIO AUTO EXAM (RIBO) 2023 QUESTIONS AND ANSWERS Your client calls to advise he/she needs insurance on a car leased from an automobile dealer. Which one (1) of the following policies is required? A. O.A.P. 1 Owner Form, suitably endorsed. B. O.P.F. #2 Driver's Form. C. O.P.F. #6 Non-owned Automobile Form, suitable endorsed. D. Garage Auto Form, suitably endorsed. A. O.A.P. 1 Owner Form, suitably endorsed. Insurance under O.A.P. 1 Owner's Form, Section 7, Loss or Damage Coverages,...

Portage Learning Chem 210 Module EXAM 6 Question 1 3 / 3 pts In DNA, adenine always pairs with . Correct! Thymine Guanine Uracil Cytosine Both A and B Question 2 3 / 3 pts DNA is built from which of the following? Nucleosides Genes Purines Correct! Nucleotide Codons Question 3 3 / 3 pts The double helix of DNA is stabilized mainly by . Ionic bonds Covalent bonds Ion-dipole bonds Correct! Hydrogen bonds Hydrogen covalent bonds Question 4 3 / 3 pts Which of the follow...

ONTARIO AUTO EXAM (RIBO) LATEST 2023 UPDATE WITH COMPLETE SOLUTION

ONTARIO AUTO EXAM (RIBO) 2023 QUESTIONS AND ANSWERS Your client calls to advise he/she needs insurance on a car leased from an automobile dealer. Which one (1) of the following policies is required? A. O.A.P. 1 Owner Form, suitably endorsed. B. O.P.F. #2 Driver's Form. C. O.P.F. #6 Non-owned Automobile Form, suitable endorsed. D. Garage Auto Form, suitably endorsed. A. O.A.P. 1 Owner Form, suitably endorsed. Insurance under O.A.P. 1 Owner's Form, Section 7, Loss or Damage Coverages,...

RIBO Insurance Exam Questions and Answers Graded A What makes pure risk insurable while speculative not? Pure risk insurance is a situation involving a chance of a loss without a chance of gain. Insurance will accept situations where there is no potential for gain. Pure Risk A situation involving a chance of loss without a chance of gain. Example: property damage Speculative Risk A situation where the possibility of either financial loss or gain exists. This is not accepted by insurances. Exam...

RIBO Exam 1 Practice Questions