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A prospect requiring insurance for their Home, Automobile, Motorcycle and Cottage approaches the Broker for quotes, which you provide. After review, the prospect informs the Broker they received a much better price for the Home, Cottage and Motorcycle with another Broker, but wish to keep the Automobile with the original Broker. The Broker would prefer the prospect place their entire insurance with the other broker, but the prospect insists. What should the original Broker do next? L OA) Prepare the Automobile application and necessary paperwork for the prospect to complete in order to bind coverage in a timely manner OB) Advise the prospect that it is best to insure all his business with one broker, therefore, you are unable to help him with his Automobile insurance OC) Delay responding to the prospect's call to focus on more new business quotes as the prospect has already been advised to place the Automobile with the other broker CD) Walt 30 days and send the prospect a blank Ontario Automobile Policy (OAP 1) application to complete, sign and send it back before binding cover

A prospect requiring insurance for their Home, Automobile, Motorcycle and Cottage approaches the Broker for quotes, which you provide. After review, the prospect informs the Broker they received a much better price for the Home, Cottage and Motorcycle with another Broker, but wish to keep the Automobile with the original Broker. The Broker would prefer the prospect place their entire insurance with the other broker, but the prospect insists. What should the original Broker do next? L OA) Prepare the Automobile application and necessary paperwork for the prospect to complete in order to bind coverage in a timely manner OB) Advise the prospect that it is best to insure all his business with one broker, therefore, you are unable to help him with his Automobile insurance OC) Delay responding to the prospect's call to focus on more new business quotes as the prospect has already been advised to place the Automobile with the other broker CD) Walt 30 days and send the prospect a blank Ontario Automobile Policy (OAP 1) application to complete, sign and send it back before binding cover

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TERMICH English Français A prospect requiring insurance for their Home, Automobile, Motorcycle and Cottage approaches the Broker for quotes, which you provide. After review, the prospect informs the Broker they received a much better price for the Home, Cottage and Motorcycle with another Broker, but wish to keep the Automobile with the original Broker. The Broker would prefer the prospect place their entire insurance with the other broker but the prospect insists. What should the original Broker do next? OA) Prepare the Automobile application and necessary paperwork for the prospect to complete in order to bind coverage in a timely manner OB) Advise the prospect that it is best to insure all his business with one broker, therefore, you are unable to help him with his Automobile insurance OC) Delay responding to the prospect's call to focus on more new business quotes as the prospect has already been advised to place the Automobile with the other broker Fant Size: CD) Walt 30 days and send the prospect a blank Ontario Automobile Policy (OAP 1) application to complete, sign and send it back before binding cover
Transcribed Image Text:TERMICH English Français A prospect requiring insurance for their Home, Automobile, Motorcycle and Cottage approaches the Broker for quotes, which you provide. After review, the prospect informs the Broker they received a much better price for the Home, Cottage and Motorcycle with another Broker, but wish to keep the Automobile with the original Broker. The Broker would prefer the prospect place their entire insurance with the other broker but the prospect insists. What should the original Broker do next? OA) Prepare the Automobile application and necessary paperwork for the prospect to complete in order to bind coverage in a timely manner OB) Advise the prospect that it is best to insure all his business with one broker, therefore, you are unable to help him with his Automobile insurance OC) Delay responding to the prospect's call to focus on more new business quotes as the prospect has already been advised to place the Automobile with the other broker Fant Size: CD) Walt 30 days and send the prospect a blank Ontario Automobile Policy (OAP 1) application to complete, sign and send it back before binding cover
According to the Personal Information Protection and Electronic Documents Act (PIPEDA), what is considered a commercial activity? OA) An act or conduct that is of a commercial character OB) Any commercial transaction that does not involve a non-profit organization OC) A commercial client with more than one commercial transactions in a year OD) Transfer of money for goods or services, but not for real property
Transcribed Image Text:According to the Personal Information Protection and Electronic Documents Act (PIPEDA), what is considered a commercial activity? OA) An act or conduct that is of a commercial character OB) Any commercial transaction that does not involve a non-profit organization OC) A commercial client with more than one commercial transactions in a year OD) Transfer of money for goods or services, but not for real property
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