Ace the Alberta General Insurance Level 1 Exam 2026 – Insure Your Success Today!

Question: 1 / 400

What outcome is not expected from risk-based regulatory models?

High system costs

Risk-based regulatory models are designed to reduce risk and promote stability in the market. High system costs would not be an expected outcome because these models aim to optimize resources and minimize unnecessary expenses. Additionally, empowered consumers, market stability, and timely and fair claims management are all expected outcomes because risk-based regulatory models prioritize fair and transparent processes for all stakeholders.

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Empowered consumers

Market stability

Timely and fair claims management

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