RIBO 1 Practice Questions

In Alberta, you need to pass the Alberta Level 1 exam.  For the rest of Canada, it’s the Fundamentals of Insurance or CAIB 1 exam.  In Ontario, the RIBO 1 exam.  is the first exam you have to pass in order to get your Level 1 General Insurance License.  This license enables you to practice insurance in Ontario and get your first insurance job.  After that, the sky is the limit.  This study guide is designed to help you start on the right foot.  These practice questions are designed to help you get ready for this important exam.

The RIBO 1 exam format is pretty straightforward – there are 90 Multiple Choice Questions with 1 Case Study question worth 10 marks to test whether you can apply the concepts you learned in the course to a real world situation.  The Case Study question is designed to simulate real questions that a real client might ask you.

To prepare for this exam, it comes down to diligent study habits and practice, practice, practice until you know the information like the back of your hand and can apply it to answer real world questions.  Another important aspect is to know the tricks that they will use to confuse you.

  1. They will include details that seem important but aren’t and vice-versa.  For example, they might talk about a Homeowners Comprehensive form when discussing a loss caused by fire.  All Homeowners policies cover fire so this might not be an important detail.
  2. They will use double negatives like “not excluded”.  To deal with this, try to translate them into positives like “covered”.
  3. In the multiple choice options, 2 of them will seem correct but only 1 is the “best” or “most correct” answer.

Who needs this RIBO 1 Practice Questions?

We provide ~1000 RIBO 1 Practice Questions geared towards getting you ready for the real exam by getting you used to the types of questions they’re going to ask and the tricks they’re going to use.

Track Record

"I took your courses and passed 3 exams in 4 weeks!  I was listening to your lectures repeatedly on mobile and they were so easy to remember. You explain things very well and your notes really distilled all the info in so few pages. Thank you for making my certification process so short and easy." - Rocky G (TSN Insurance) (Courses Taken: Fundamentals, CAIB 2, CAIB 3, & CAIB 4)"Hi Jack, I just got the result: 86%.  Thank you so much Jack!  You helped a lot.  Much appreciated."  - Cathy J. Markham Ontario  (Courses Taken: RIBO 1)
The quality of this learning course is unmatched. This course provides everything you need to pass the RIBO test and more. If it wasn't for this course I would not have got the e-mail today saying I am now a verified RIBO member. Not only is this course very user-friendly and easy to use, my mentor, Jack, answered all my questions I had with almost immediate responses even at ridiculous hours. I would highly recommend this course to anyone who is looking to get into the insurance broker industry.  -Aaron L, Ontario (Course Taken: RIBO 1)"The course is set up well and easy to follow and  understand.  And I'm grateful that you're always available for help if needed.    There weren't any surprises, your course covered everything I would have needed to know.  You were such a great help over the course and I have you to thank for passing."   - Derek L  (Course Taken: RIBO 1)

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RIBO 2 Unrestricted Technical Practice Questions are also available.

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