Alberta General Insurance Level 1 Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

A subscription policy is an insurance policy that provides coverage for a specific risk and is shared among multiple insurers. This is different from a group policy (option C) which covers a group of individuals under one policy, or an individual policy (option B) that covers only one person. A subscription policy is also distinct from a policy for subscribers of a newsletter (option A), as it pertains to insurance coverage rather than marketing subscriptions. Therefore, option D is the most accurate choice.