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16 of 20 Information concerning the affairs of a client of an insurance broker is required to be held in strictest confidence, except that insurance brokers may reveal such information in which one (1) of the following circumstances?

16 of 20 Information concerning the affairs of a client of an insurance broker is required to be held in strictest confidence, except that insurance brokers may reveal such information in which one (1) of the following circumstances?

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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16 of 20 Information concerning the affairs of a client of an insurance broker is required to be held in strictest confidence, except that insurance brokers may reveal such information in which one (1) of the following circumstances? At the request of the legal counsel in connection with a pending criminal action. When requested by the insured's auditor in connection with a dispute with Revenue Canada. When asked by a member of the immediate family of the client When needed to conduct negotiations with underwriters or insurers.
Transcribed Image Text:16 of 20 Information concerning the affairs of a client of an insurance broker is required to be held in strictest confidence, except that insurance brokers may reveal such information in which one (1) of the following circumstances? At the request of the legal counsel in connection with a pending criminal action. When requested by the insured's auditor in connection with a dispute with Revenue Canada. When asked by a member of the immediate family of the client When needed to conduct negotiations with underwriters or insurers.
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