Under the RIBO Act, what kind of insurance products can brokers sell?

The choice indicating that brokers can sell a range of products including property, casualty, and life insurance is correct because the RIBO Act recognizes the versatility of insurance brokers in providing various insurance options to clients. Brokers are licensed professionals equipped to offer a comprehensive array of insurance products, which can encompass not only property and casualty insurance but also life insurance. This ensures that brokers can meet diverse client needs, which is essential in the brokerage industry, allowing for a more holistic service providing coverage suitable for different risks and personal situations.

Moreover, this broad spectrum of insurance products fosters competitive and informed choices for consumers, aligning with the regulatory intent of the RIBO Act to enhance consumer protection and service quality within the insurance market. Other choices are limited in scope and do not reflect the full range of products that brokers are authorized to sell under the RIBO Act.