최신IIC RIBO Level 1 Entry-Level Broker - RIBO-Level-1무료샘플문제

A. A scheduled boat and motor vessel used to carry cottagers from the marina to their island property for compensation.

B. A loss, not otherwise excluded, to an insured outboard motor while being used by the insured in Florida.

C. Damage to the hull of the watercraft caused by ice resulting from failure to drain the compartments when the watercraft was stored for the winter.

D. Damage caused by beavers using the watercraft as a winter home while in storage in the insured's boathouse.

A. Add the change form "Permission to Carry Paying Passengers" to the O.A.P. 1 Owner's Policy.

B. Add "Passenger Hazard" change form to the O.A.P. 1 Owner's Policy.

C. Advise the insurer to reclassify the vehicle as business use and re-rate the policy.

D. The standard O.A.P. 1 Owner's Policy automatically covers the situation. No change is necessary.

A. Provide coverage for the highest amount of inventory in a given year.

B. Average stock coverage over the course of the year.

C. Stabilize premiums over the course of the year.

D. Increase the limit of insurance during specific time periods.

A. Delete incomplete records to avoid retaining inaccurate client information.

B. Document the missing fields as "unknown" and keep a record of the impacted files.

C. Notify the Principal Broker and leave the files unchanged until further instruction.

D. Contact the client to verify the missing information and record the source of the confirmation.

A. You will need to use a Home Calculator to estimate the replacement value of the entire building, in order to properly insure the Tenants Liability portion of the building that they own.

B. Their policy has to be re-written, as they are no longer tenants and they need a policy with special extra coverages to properly insure the unit they have bought.

C. As they intend to occupy the unit, they will be eligible for reduced rates for their Homeowners policy, as they own part of the building and it will be owner-occupied.

D. It will only be necessary to review their limits of coverage and endorse the policy to change the address, as their current policy covers contents and liability and they do not require any other coverages.

A. The insurer is required to pay both parties because the mortgage was in good standing.

B. The insurer will pay the claim to the insured, but recover the funds from the mortgagee later.

C. The insurer will deny the claim to both the insured and the mortgagee.

D. The insurer will deny the claim to the insured, but will pay the mortgagee's interest in the property.

A. Limits on the building and contents, excluding outbuildings.

B. Premium, policy discounts, and deductible options.

C. Limitations, exclusions and conditions.

D. Coverage for liability and voluntary medical payments.

A. It may affect the third party in a liability claim.

B. It may increase the amount to be paid by the insurer.

C. It may affect the insured's personal liability coverages.

D. It may decrease the amount to be paid by the insurer.

A. OPCF 44.

B. OPCF 6A.

C. OPCF 22.

D. OPCF 23.

A. Additional living expenses.

B. Personal property.

C. Crime.

D. Personal injury and advertising liability.

A. Depreciation is a factor for RC in claims, but not in GRC.

B. GRC ensures full coverage for rebuilding a home, even if costs exceed the original estimate, whereas RC only reimburses up to the policy limit.

C. Commercial buildings are eligible for GRC, while RC applies only to residential properties.

D. RC guarantees full reimbursement for any loss, regardless of the coverage limits stated in the policy.