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1 Jimmy works as an insurance advisor and property developer in Sherbrooke. He meets with new insurance clients in one of the areas he is
Jimmy works as an insurance advisor and property developer in Sherbrooke. He meets with new insurance clients in one of the areas he is developing. While disclosing their financial assets,the clients say that they are interested in purchasing a property in the new development area. Jimmy says he thinks the development will be very profitable. The couple agrees that it will beagood investment and let him know that they will keep him updated so their insurance needs can be adjusted. Jimmy sets a date to complete their insurance application. Has Jimmy followed bestpractices when dealing with his clients?UOVHdVVmtXVpkRXNtTW XbCU TaONo. Jimmny has not disclosed the conflict of interest or maintained objectivity by encouraging his clients to invest in the property he is developing.bO Yes. Jimmy has properly gathered all the financial information as well as his client's financial qoals to evaluate their needs.cO Yes. By advising his clients of potential investment opportunities, Jimmy is following best practices by acting with integrity, competence and the utmost faith.dO No Jimmy has not made a recommendation for insurance before setting up the appointiment to fill outan insurance application.UOVHdVVmtXVpkRXNtTWXbCUT
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