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RIBO-Level-1 Practice Questions

RIBO Level 1 Entry-Level Broker Exam Exam Practice Test


Total 43 Pages
Total 214 Questions

RIBO-Level-1 Practice Questions

Question# 1

Who is a Broker NOT permitted to pay a referral fee to?
Choose the Choices:


Question# 2

What does a medical questionnaire for Travel insurance determine?
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Question# 3

Rashid has purchased a new home that has a woodstove but no current Wood Energy Technology Transfer (WETT) inspection. Coverage is needed for the home closure in 14 days. Company ABC has agreed to provide insurance as long as the WETT inspection is provided within 30 days of possession. What should the Broker do?
Choose the Choices:


Question# 4

Stanley recently moved back to Ontario after living abroad for two years. He purchased a vehicle and is asking his Broker for insurance quotes. One insurance company's quote is favourable but the company prefers not to insure Stanley because of the gap in his insurance history. What should the Broker do to act within the scope of his agreement with the insurance company?
Choose the Choices:


Question# 5

John's Excavating commercial liability policy shows the description of operation as construction. John advises his Broker that he will be doing some snow removal for a period of 60 days. What should John's Broker do?
Choose the Choices:


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RIBO Level 1 Entry-Level Broker Exam

SEE DETAIL 214 Questions