Don't let the exam become your stumbling block. The IIC RIBO Level 1 Entry-Level Broker test engine at Real4Prep — a leader in this line: 216 practice questions for the RIBO-Level-1 exam.
IIC RIBO-Level-1 Exam Overview:
| Certification Vendor: | Registered Insurance Brokers of Ontario (RIBO), Insurance Institute of Canada (IIC) |
|---|---|
| Exam Name: | RIBO Level 1 Entry-Level Broker Exam |
| Exam Number: | RIBO-Level-1 |
| Exam Duration: | 180 minutes |
| Exam Format: | Multiple-choice questions |
| Certificate Validity Period: | Annual renewal required |
| Related Certifications: | RIBO Level 3 Management Broker License RIBO Level 2 Technical/Commercial Broker License |
| Exam Price: | 300 USD / CAD 300 |
| Available Languages: | English |
| Passing Score: | 75% (75/100) |
| Real Exam Qty: | 100 scored + 15 unscored pilot questions |
| Recommended Training: | Insurance Institute of Canada Preparation Courses RIBO Official Study Materials & Exam Blueprint |
| Exam Registration: | Insurance Institute of Canada (IIC) Insurance Brokers Association of Ontario (IBAO) |
| Sample Questions: |  |
| Exam Way: | Online remote proctored or in-person at approved test centers |
| Pre Condition: | Minimum 18 years old; valid criminal record check; meet suitability requirements; no prior RIBO license required |
| Official Syllabus URL: | https://www.ribo.com/getting-a-license/individual-licenses/new-applicants/examinations/level-1-entry-level-broker-exam/ |
IIC RIBO-Level-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Personal Lines Habitational | 25% | - Policy forms and endorsements - Property coverage types and exclusions - Liability protection and risk assessment - Homeowners, tenants and dwelling insurance |
| Personal Lines Automobile | 25% | - Rating factors and underwriting basics - Optional coverages and policy variations - Automobile insurance legislation and mandatory coverages - Accident benefits and liability rules |
| Commercial Lines | 20% | - Policy forms for small and medium enterprises - Business risk analysis and coverage selection - Commercial property and liability insurance |
| General Insurance and Industry Knowledge | 25% | - Insurance principles and fundamentals - Policy structure, terms and conditions - Regulatory framework: RIB Act, Regulations, RIBO By-laws - Industry roles, structures and stakeholder responsibilities |
| Travel Health Insurance | 5% | - Eligibility, exclusions and policy conditions - Emergency medical and travel assistance coverage - Regulations specific to travel health products |
IIC RIBO Level 1 Entry-Level Broker Exam FAQ — Worry-Free Answers
The IIC RIBO Level 1 Entry-Level Broker is IIC's certification exam for RIBO Level 1 Entry-Level Broker License, at the Entry-Level level. It's demanding enough to intimidate — timed practice is the cure. Related credentials include RIBO Level 2 Technical/Commercial Broker License, RIBO Level 3 Management Broker License.
Yes:
After any course, build confidence with the 216 practice questions for the IIC RIBO Level 1 Entry-Level Broker — every answer expert-verified.
Through the vendor's official registration channels:
The IIC RIBO Level 1 Entry-Level Broker is delivered Online remote proctored or in-person at approved test centers — pick the arrangement that suits you when booking.
180 minutes for 100 scored + 15 unscored pilot questions questions. The Real4Prep APP engine imitates the real test — set timed exams, mark performance, point out mistakes — so exam day feels rehearsed.
The IIC RIBO Level 1 Entry-Level Broker blueprint spans 5 domains — including Travel Health Insurance (5%), Personal Lines Habitational (25%), Personal Lines Automobile (25%). The complete outline above lists every subtopic; our IT staff keep the material aligned daily.
Minimum 18 years old; valid criminal record check; meet suitability requirements; no prior RIBO license required Eligibility rules change over time, so verify the current requirements on the official page (official RIBO-Level-1 exam page) before registering.
300 USD / CAD 300 per attempt, 75% (75/100) to pass. Retakes cost the full fee — practice whenever you want with the 216 practice questions for the RIBO-Level-1 exam at Real4Prep.
Soon after payment you receive the IIC RIBO Level 1 Entry-Level Broker material by automatic email — about a minute, with Credit Card payment and a strict information system keeping money and data safe; our 7*24 service replies within 2 hours, even on official holidays. If you fail the corresponding RIBO-Level-1 exam within 60 days of purchase, we refund in full: send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam, processed within 7 days. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Or exchange for two equal-value products free.
Yes — download the free IIC RIBO Level 1 Entry-Level Broker demo and feel the engine before paying. Purchases include 365 days of free updates by email; renew afterward at 50% off.
IIC RIBO Level 1 Entry-Level Broker Sample Questions:
What is a Managing General Agent (MGA)?
- A. An insurance company contracted to do business.
- B. A broker contracted to do business on behalf of an insurer.
- C. A broker contracted to do business on behalf of an MGA.
- D. An agency contracted to do business on behalf of insurers.
Correct Answer: D 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
Your insured has leased an automobile for three years and requires automobile insurance. What is the correct procedure?
- A. Advise the insured that the leasing company must arrange coverage under its own Automobile policy.
- B. Issue O.P.F. 6 Non-Owned Automobile Form.
- C. Issue O.A.P. 1 Owner's Policy, suitably endorsed.
- D. Issue O.A.F. 2 Driver's Form since your insured is not the owner of the automobile.
Correct Answer: C 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
A broker is using a Customer Relationship Management (CRM. software to manage client interactions and sales activities. Recently, the software released an update introducing new features for easier task management and note organization. How can the broker prioritize requests and activities effectively using the updated CRM software?
- A. Use the CRM to send automated, personalized emails at predetermined times.
- B. Print all digital notes to organize them physically on the broker's desk.
- C. Only input client information and avoid using additional features like note organization.
- D. Utilize the automated reminders feature to schedule follow-ups.
Correct Answer: D 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
The Insured's contents have been removed from their premises due to an insured peril. Under the property policy, how long will the Insured contents be covered?
- A. 60 days or until the policy term ends, whichever comes first.
- B. 30 days or until the policy term ends, whichever comes first.
- C. 15 days or until the policy term ends, whichever comes first.
- D. 25 days or until the policy term ends, whichever comes first.
Correct Answer: B 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
Sally and Tammy rent a vehicle for a trip to New York. Sally is listed as a driver on a private passenger vehicle policy in Ontario and has the Ontario Policy Change Form (OPCF) 27 coverage on her policy, but Tammy made the reservation and Sally is listed as the driver. Tammy is not listed on anyone's policy. Who will be covered to drive the rental vehicle?
- A. Neither Sally nor Tammy.
- B. Only Sally.
- C. Both Sally and Tammy.
- D. Only Tammy.
Correct Answer: B 🗳️
Explanation: Only visible for Real4Prep members. You can sign-up / login (it's free).
Viewing page 1 out of 44 pages.
Viewing questions 1-5 out of 216 questions.
