Regulations under the RIB Act require the broker to provide a policy or certificate of coverage to the member of the pu whom they act as evidence that insurance has been placed. Within which one (1) of the following periods of time after of the insurance should the policy or certificate of coverage be provided? OA) In the next mail. OB) Thirty (30) days. OC) Fifteen (15) days. OD) Twenty-one (21) days.
Regulations under the RIB Act require the broker to provide a policy or certificate of coverage to the member of the pu whom they act as evidence that insurance has been placed. Within which one (1) of the following periods of time after of the insurance should the policy or certificate of coverage be provided? OA) In the next mail. OB) Thirty (30) days. OC) Fifteen (15) days. OD) Twenty-one (21) days.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Regulations under the RIB Act require the broker to provide a policy or certificate of coverage to the member of the public for
whom they act as evidence that insurance has been placed. Within which one (1) of the following periods of time after the placing
of the insurance should the policy or certificate of coverage be provided?
OA) In the next mail.
OB) Thirty (30) days.
OC) Fifteen (15) days.
OD) Twenty-one (21) days.

Transcribed Image Text:Which one (1) of the following correctly completes the statement? Electronic accessories or equipment in an automobile are
covered under O.A.P. 1 Owner's Policy...
OA) for their full actual cash value.
OB) for their full actual cash value if factory installed.
OC) for their full replacement cost
OD) up to $5,000.00.
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