Alberta Basic Security Training (ABST) Practice Exam 2024

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Study for the Alberta Basic Security Training (ABST) Exam. Study with flashcards and multiple choice questions. With over 500 questions. Updated for 2024. Get ready for your exam!

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Licensed agencies must carry at least _______ in general liability insurance

$2,000,000
$1,500,000
$3,000,000
$1,000,000

The correct answer is: $2,000,000

In the province of Ontario, Canada, the regulations for security guards and private investigators are maintained by the Ministry of the Solicitor General. According to their guidelines, licensed agencies that employ security guards and private investigators are required to carry at least $2,000,000 in general liability insurance. This requirement is designed to provide a measure of financial protection in the event of claims or lawsuits resulting from harm, injury or damage caused in the course of their work. Hence, the correct answer is $2,000,000. It is essential for individuals studying for their Ontario Security Guard License Practice Test to understand and remember this requirement.