Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Question: 1 / 475

All accidents and claims within what time period immediately proceeding the application must be disclosed?

Three (3) years.

Four (4) years.

Five (5) years.

Six (6) years.

The correct time period that an applicant must disclose accidents and claims is within the past six (6) years. Options A, B, and C are incorrect because they all exceed the correct time period. The application specifically requires disclosure of incidents within the past six (6) years because this is considered to be a sufficient amount of time for incidents to still be relevant to the applicant's current driving history. Any incidents that occurred more than six (6) years prior may not be as indicative of the applicant's current driving habits and therefore are not necessary for the insurer to be aware of for underwriting purposes. Thus, the correct answer is option D.

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