What is NOT considered an act of Misconduct while advising a client? Provide the client with a quote based on their initial request. Provide an honest and professional recommendation to the client. Listen to the client and act in accordance with their instructions. Recommend the client take the insurance quote which better serves the broker's interest.
What is NOT considered an act of Misconduct while advising a client? Provide the client with a quote based on their initial request. Provide an honest and professional recommendation to the client. Listen to the client and act in accordance with their instructions. Recommend the client take the insurance quote which better serves the broker's interest.
Related questions
Question
Pls help ASAP
Transcribed Image Text:What is NOT considered an act of Misconduct while advising a client?
Provide the client with a quote based on their initial request.
Provide an honest and professional recommendation to the client.
Listen to the client and act in accordance with their instructions.
Recommend the client take the insurance quote which better serves the
broker's interest.
k
Transcribed Image Text:ABC Insurance is giving away a chance to win a trip for every policy quoted
with them for the month of April. According to the RIBO Marketing
Guidelines, does a Broker need to disclose their chance to win a trip to
their client?
Yes, this fact must be disclosed to the client prior to binding the policy.
Yes, this fact must be disclosed to the client only if the broker wins the trip.
No, the Broker only needs to inform the Principal Broker
No, this fact does not need to be disclosed to the cent
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
