Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Question: 1 / 475

Rising water is covered under:

All perils only

Comprehensive only

Comprehensive but not Specified Perils

All perils, Comprehensive and Specified Perils

Rising water is not only covered under All Perils or Comprehensive, as options A and B state. It is also not only covered under Comprehensive but not Specified Perils, as option C suggests. The correct answer is D because it includes all three types of coverage - All Perils, Comprehensive, and Specified Perils - making it the most comprehensive and accurate option. This means that rising water is covered under multiple types of insurance to provide the best protection for your property.

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