Alberta General Insurance Level 1 Practice Exam

Which government body is not involved in the insurance industry in Alberta?

1. Alberta Finance

2. Superintendent, Insurance and Financial Institutions

3. Alberta Health Services

4. Alberta Insurance Council

The correct answer is: Alberta Health Services

This is a tricky question for those unfamiliar with the structure of the Alberta government, as it may seem that all these options could potentially be involved in the insurance industry. However, Alberta Health Services (AHS) plays a different role in the government and is not involved in regulating or overseeing insurance companies. AHS is responsible for delivering and managing health care services in Alberta, while the other options listed all have roles in regulating different aspects of the insurance industry. Alberta Finance oversees financial regulations and consumer protection, the Superintendent of Insurance and Financial Institutions regulates insurers and financial institutions, and the Alberta Insurance Council is responsible for licensing, discipline, and education of insurance professionals. Therefore, C is the correct answer as it is the only option that does not have a role in the insurance industry.