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Exit VCEDump RIBO-LEVEL-1 RIBO Level 1 Entry-Level Broker

Q3 Single choice

Jalena has a homeowners policy, and calls her Broker to let them know that she is starting to teach piano lessons on a part-time basis out of her home.

What should the Broker do?

A
Advise Jalena that no change is required on her policy.
B
Check if this is an eligible type of home-based business with her insurer and update the policy accordingly.
C
Inform Jalena that she needs a commercial policy.
D
Document the change in the Broker Management System for review on renewal.

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