RIBO By-law No. 20 outlines the requirements relating to the application for a certificate of registration and information changes. Which one (1) of the following changes must be reported to RIBO? A promotion within the office. A change in their earnings. A change in employment from one brokerage to another. If they commence to write commercial lines insurance.
RIBO By-law No. 20 outlines the requirements relating to the application for a certificate of registration and information changes. Which one (1) of the following changes must be reported to RIBO? A promotion within the office. A change in their earnings. A change in employment from one brokerage to another. If they commence to write commercial lines insurance.
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Transcribed Image Text:RIBO By-law No. 20 outlines the requirements relating to the application
for a certificate of registration and information changes. Which one (1) of
the following changes must be reported to RIBO?
A promotion within the office.
A change in their earnings.
A change in employment from one brokerage to another.
If they commence to write commercial lines insurance.
Transcribed Image Text:Which one (1) of the following is the legal way for an insurer to terminate
an automobile insurance policy for non-payment of premium?
By refunding the unearned portion of any premium paid in instalments.
By ordering the insurance broker to pick up the policy from the insured.
By giving the insured written notice of termination in accordance with the
policy Statutory Conditions.
By ordering the broker to issue a registered letter of cancellation.
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