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

Question: 1 / 400

What must brokers also do besides disclosing all material information to insurers?

Offer the cheapest insurance options only

Explain coverages or lack thereof to the insured

Brokers must also explain any coverages or lack thereof to the insured, as it is their duty to ensure that the insured fully understand their insurance policies. This includes making sure the insured is aware of any exclusions or limitations in their coverage.

Option A is incorrect because brokers should not only offer the cheapest insurance options, but also the most suitable options for the insured's specific needs.

Option C is incorrect because brokers should focus on providing the best options for the insured, not just selling the most policies.

Option D is incorrect because brokers should take into consideration the specific needs of the insured and tailor their recommendations accordingly. Ignoring the insured's needs goes against their duty to act in the client's best interest.

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Focus on selling the most insurance policies

Ignore the insured's specific needs

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