Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Registered Insurance Brokers of Ontario Test. Study with comprehensive flashcards and multiple choice questions, each question provides hints and detailed explanations. Ace your exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.


True or False: The "Termination Date" in a travel health policy refers to the discontinuation of life support machines, indicating the patient will perish.

  1. True

  2. False

  3. Only in specific cases

  4. Not specified in the policy

The correct answer is: False

The statement is false. The "Termination Date" in a travel health policy typically refers to the date upon which coverage ends, not to the discontinuation of life support machines or a specific medical condition. In the context of insurance, the termination date signifies the conclusion of the policy's effectiveness for providing coverage, which could be due to various reasons such as the expiration of the policy term, the return of the insured to their home country, or any other conditions outlined in the policy terms. It does not have direct implications regarding an individual’s medical state or life support situations. Understanding that the "Termination Date" is related to the policy's validity rather than specific medical events clarifies why the statement is inaccurate.