A Broker is required to provide a client with confirmation that coverage is in effect.

The correct answer is B . Ontario Regulation 991 under the Registered Insurance Brokers Act requires a broker acting on behalf of a member of the public in negotiating or placing insurance to provide a policy or certificate of coverage within 21 days after the placing of the insurance . That is the formal evidence that the insurance has been placed and that coverage is in effect. The regulation’s wording is the source of this requirement, and exam questions often test it using slightly different phrasing such as “confirmation that coverage is in effect.”

Option A is not sufficient because a brokerage letter is not the prescribed evidence required by the regulation. Option C is incorrect because the rule is not “within 30 days of the effective date”; the actual timing requirement is 21 days after placing the insurance . Option D is also incorrect because a receipt for payment is not the required proof of placed insurance under the regulation.

For RIBO purposes, this rule is important because it protects consumers by ensuring they receive prompt documentary proof that coverage has been arranged. It also supports transparency, proper file handling, and regulatory compliance in broker-client transactions.