Essentials of Business Communication
Essentials of Business Communication
10th Edition
ISBN: 9781305990678
Author: Mary Ellen Guffey; Dana Loewy
Publisher: Cengage Limited
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Chapter 6, Problem 12CT
Summary Introduction

To determine:

The reason to keep ourselves cool while proceeding for a claim.

Introduction:

Making a claim is just a formal request to an insurance company for the compensation or coverage for policy event or covered loss.

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Why is it smart to keep your cool when making a claim, and how should you go about it? (L.O. 3)
The Registered Insurance Brokers Act of Ontario states, "An insurance broker means any person who for any compensation, commission or other thing of value, with respect to persons or property in Ontario, deals directly with the public...etc." Which one (1) of the following is EXEMPT from the provisions of the RIB Act? OA) An individual who for compensation solicits or negotiates a contract of insurance directly with the public on behalf of more than one insurer. OB) Operations where risk management services and claims assistance only are provided. OC) Organizations where consulting or advisory services with respect to insurance or reinsurance are provided. OD) An individual who acts solely on behalf of one insurer or affiliated group of insurers and the Facility Association.
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