IIC RIBO Level 1 Entry-Level Broker - RIBO-Level-1 FREE EXAM DUMPS QUESTIONS & ANSWERS

A. The client's eligibility and rate category. B. The amount of coverage and deductible the company can offer the client. C. Mode of travel and length of stay for client. D. The medical condition of the client to confirm if they can travel.

A. 25 days or until the policy term ends, whichever comes first. B. 60 days or until the policy term ends, whichever comes first. C. 30 days or until the policy term ends, whichever comes first. D. 15 days or until the policy term ends, whichever comes first.

A. Provisions for termination of the policy. B. Misrepresentation. C. Protection of the property after loss. D. Basis for determining the amount of premium.

A. Setting out maximum payout limits in a policy term using the aggregate limit option. B. By applying higher deductibles for higher risks such as water damage. C. By excluding certain risks from the policy coverage. D. Through evaluating the physical and operational factors impacting the business.

A. $45,000 B. $36,000 C. $60,000 D. $30,000

A. $18,000 B. $15,000 C. $24,000 D. $60,000

A. A car salesperson. B. A realtor. C. A mortgage Broker. D. A life insurance Agent/Broker.

A. Advise the client that no action is required as the snow removal is being done for a short period of time. B. Advise the client to delay the snow-removal work until the policy renews to avoid complications. C. Advise the client that the change in operations will be reported to the insurance company. D. Advise the client there is automatic coverage under the Commercial General Liability policy for additional operations.

A. An agency contracted to do business on behalf of insurers. B. An insurance company contracted to do business. C. A broker contracted to do business on behalf of an insurer. D. A broker contracted to do business on behalf of an MGA.