Try and practice the latest IIC : RIBO-Level-1 real questions & answers

Last Updated: Aug 29, 2026

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IIC RIBO-Level-1 Exam Overview:

Certification Vendor:RIBO (Registered Insurance Brokers of Ontario)
Exam Name:RIBO Level 1 Entry-Level Broker Examination
Exam Number:RIBO-Level-1
Available Languages:English
Related Certifications:RIBO Level 2 Broker License
RIBO Level 3 Broker License
Exam Format:Multiple Choice
Recommended Training:RIBO Education Programs (Approved Providers)
Exam Registration:RIBO Official Registration Portal
Sample Questions: DOWNLOAD DEMO
Exam Way:Computer-based exam (in-person or authorized testing center depending on RIBO scheduling).
Pre Condition:Must meet RIBO licensing eligibility requirements including approved education program completion before licensing.
Official Syllabus URL:https://www.ribo.com

IIC RIBO-Level-1 Exam Syllabus Topics:

SectionObjectives
Topic 1: Ontario Automobile Insurance- Auto insurance coverage
  • 1. Liability coverage basics
    • 2. Accident benefits and statutory coverages
      Topic 2: Property Insurance- Home and commercial property coverage
      • 1. Perils and exclusions
        • 2. Policy forms and endorsements
          Topic 3: Regulation and Ethics- RIBO regulatory framework
          • 1. RIBO Act and Code of Conduct
            • 2. Broker responsibilities and compliance
              Topic 4: Liability Insurance- General liability principles
              • 1. Third-party liability exposure
                • 2. Claims handling basics
                  Topic 5: Insurance Fundamentals- Principles of Insurance
                  • 1. Insurance contract fundamentals
                    • 2. Risk concepts and risk management

                      Common Questions About the IIC RIBO Level 1 Entry-Level Broker

                      The IIC RIBO Level 1 Entry-Level Broker exam is the official IIC assessment behind the RIBO Level 1 Entry-Level Broker License credential, which sits at the Associate level. Passing it confirms that your skills meet the vendor's current requirements rather than a textbook outline. It also connects with related certifications such as RIBO Level 2 Broker License, RIBO Level 3 Broker License, so it can anchor a broader certification path.

                      The official prerequisites for the IIC RIBO Level 1 Entry-Level Broker exam are as follows: Must meet RIBO licensing eligibility requirements including approved education program completion before licensing.. Requirements can change over time, so confirm the details on the official IIC exam page at https://www.ribo.com before you book your seat.

                      You can register through the official channels listed below:

                      Exam delivery: Computer-based exam (in-person or authorized testing center depending on RIBO scheduling)..

                      IIC points candidates toward the following official training options:

                      Official training builds the theory; the 216 practice questions from Actual4Cert show you how that theory appears in exam-style items, which is where most study plans actually pay off.

                      Yes. A free PDF demo of the IIC RIBO Level 1 Entry-Level Broker practice questions is available on the Actual4Cert samples page, so you can check the question style and difficulty before spending anything. Every purchase also includes 365 days of free updates, and if your product expires after that period, you can extend the update service from your member zone at 50% off.

                      If you take the RIBO-Level-1 exam within 60 days of your purchase and do not pass, Actual4Cert offers a 100% money-back guarantee: send a scanned copy of your exam enrollment slip together with the official Score Report PDF within two days of your exam date, and the refund is processed within seven days. The candidate name must match the payer name, and the guarantee does not apply to exams taken within three days of purchase, to material that was downloaded without the exam actually being taken, or to free materials and expired orders. Prefer to keep studying instead? You can exchange your purchase for two additional exam products of equal value, free of charge, while keeping the update service on your original product. Delivery itself is instant: the download link is emailed within one minute of payment, and if nothing arrives within two hours, our support team will sort it out. There is no limit on how many computers you install the material on.

                      The IIC RIBO Level 1 Entry-Level Broker syllabus is organized into 5 domains. The leading areas include Regulation and Ethics, Insurance Fundamentals, and Property Insurance. For the complete, topic-by-topic breakdown, scroll up to the Exam Topics section above.

                      IIC RIBO Level 1 Entry-Level Broker Sample Questions:

                      Question 1

                      A broker discovers the client does not have sewer back up coverage, and that the location now qualifies for it.
                      What should the broker do next?

                      A. Notify the client 30 days prior to renewal, offer to quote & add.
                      B. Notify the client immediately, quote sewer backup, offer to add.
                      C. Notify the client 60 days prior to renewal, offer to quote & add.
                      D. Immediatley add the coverage, notify the client.


                      Question 2

                      A condo owner failed to advise that they now rent out their unit and the tenant has caused a fire. What is most likely to happen?

                      A. The claim would be covered as fire is an insured peril.
                      B. The claim would be covered, settled on actual cash value rather than replacement cost.
                      C. The claim would be denied due to a material change.
                      D. The claim would be partially covered, owners property only.


                      Question 3

                      Jalena has a homeowners policy, and calls her Broker to let them know that she is starting to teach piano lessons on a part-time basis out of her home. What should the Broker do?

                      A. Document the change in the Broker Management System for review on renewal.
                      B. Advise Jalena that no change is required on her policy.
                      C. Inform Jalena that she needs a commercial policy.
                      D. Check if this is an eligible type of home-based business with her insurer and update the policy accordingly.


                      Question 4

                      Which statement correctly identifies the RIBO annual Continuing Education (CE. hours requirement and the mandatory course categories a Level 1 Broker MUST complete?

                      A. Brokers must complete 8 hours of CE annually, including 2 hours of Ethics and 1 hour of Management.
                      B. Brokers must complete 8 hours of CE annually, including 1 hour of Ethics and 3 hours of Technical.
                      C. Brokers must complete 6 hours of CE annually, including 1 hour of Ethics and 1 hour of Management.
                      D. Brokers must complete 6 hours of CE annually, including 1 hour of Ethics and 1 hour of Technical training.


                      Question 5

                      What should a Commercial Vehicle Operator's Registration (CVOR. include?

                      A. The purchase price of each vehicle including taxes and where these vehicles will be parked.
                      B. Description of the nature of the applicant's business and the experience for all drivers on like vehicles.
                      C. The amount of money the applicant makes in their business and the amount they write off on their taxes.
                      D. The number of unlisted drivers in the business and who will be operating which vehicle.


                      Solutions:

                      Question 1
                      Answer: B
                      Question 2
                      Answer: C
                      Question 3
                      Answer: D
                      Question 4
                      Answer: B
                      Question 5
                      Answer: B

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