Free Insurance Institute RIBO-Level-1 Exam Dumps June 2026

The correct answer is C. Personal injury and advertising liability because this is a recognized section of the Commercial General Liability (CGL) policy. In standard CGL wording, liability coverage is commonly divided into parts such as bodily injury and property damage liability, personal and advertising injury liability, and medical payments. ''Personal injury and advertising liability'' responds to non-physical injury exposures such as libel, slander, defamation, false arrest, wrongful eviction, and certain advertising-related offences. This makes it a core liability coverage section within a CGL form.

The other options are not standard CGL sections. A. Additional living expenses is associated with personal property/home insurance, where an insured may be reimbursed for extra costs if they cannot live in their home after an insured loss. B. Personal property is also a property insurance concept, not a liability section of a CGL. D. Crime refers to a separate line of commercial insurance that deals with exposures such as employee dishonesty, theft, robbery, forgery, or fraud. Crime may be packaged with other commercial coverages, but it is not a standard section of the CGL itself.

From a RIBO exam perspective, this question tests the ability to distinguish liability coverage from property and crime insurance forms.

The correct answer is B because it combines the two key requirements in the question: proper treatment

of referral arrangements and protection of confidential client information. RIBO's Code of Conduct requires brokers to hold client information in strict confidence and not disclose it unless authorized by the client, required by law, or required in negotiations with insurers on the client's behalf. The Code of Conduct Handbook also says confidential information may be divulged with the express permission of the client, and sometimes implied authority based on the client's instructions.

RIBO also expects disclosure of conflicts and compensation-related matters. Its current FAQ on mandatory disclosures specifically lists receiving or paying referral fees as an example of a matter that must be disclosed, and states that disclosures about conflicts of interest and related compensation must be communicated no later than the time of quote, with written confirmation afterward.

Option A is wrong because non-disclosure of a referral arrangement does not meet RIBO's transparency expectations. Option C is inappropriate because PIPEDA requires the individual's knowledge and consent for collection, use, or disclosure of personal information, and the use must be for an appropriate purpose. Option D is too absolute; RIBO does not ban all referral fees, but it does require proper disclosure and ethical handling.