Home
About
- Testimonials
MRD Support
Checkout

Licensing
DiSC Training
Resources/Seminars
E-Learning / En Ligne
MRD News

Select Page

Lesson Ten Quiz

Time limit: 0

Quiz Summary

0 of 7 Questions completed

Questions:

Information

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 7 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

Not categorized 0%

1
2
3
4
5
6
7

Current
Review
Answered
Correct
Incorrect

Question 1 of 7

1. Question
What value do we rate a tenants policy on?
- The Building Value
- The Contents Value
- The Liability Value
- Standard Industry Rates
Correct

Incorrect
Question 2 of 7

2. Question
Under a Comprehensive Condominium policy does the policy cover sewer back up?
- No and it cannot be purchased
- Yes it is automatically covered
- No unless it is purchased
- None of the above
Correct

Incorrect
Question 3 of 7

3. Question
Which of the following would not be considered a common element in a condominium?
- The insured locker room.
- The insured's parking space in the parking garage.
- Hallways
- The insured's bathroom in their unit.
Correct

Incorrect
Question 4 of 7

4. Question
Under the Tenants Comprehensive policy, all of the following, EXCEPT ONE covers the tenant’s own property. Mark the EXCEPTION.
- Damage to the exterior of the building directly caused by vandalism or malicious acts.
- Property temporarily removed from the residence for 14 days after a loss to protect it from further damage.
- Personal property damaged by change of temperature resulting from physical damage by an insured peril.
- Theft cover on money up to $500 and securities up to $2,000.
Correct

Incorrect
Question 5 of 7

5. Question
To what extent does Loss Assessment Coverage A2 in a Comprehensive Condominium Unit Owners Policy cover an assessment against a unit owner?
- Any assessment made by the Condominium Corporation as a contribution to cover the deductible in the Condominium Corporations insurance.
- Any covered assessment made by the Condominium Corporation, as additional insurance up to the limit specified on Unit Improvements and Betterments.
- Any assessment not exceeding $25,000, made in respect of any losses sustained by the Condominium Corporation.
- Any covered assessment made by the Condominium Corporation up to $10,000 or the limit specified in the Unit Owners policy declarations.
Correct

Incorrect
Question 6 of 7

6. Question
Your client purchased a condo townhouse with a recently finished basement. Which part of the policy would cover the basement?
- A1 – Unit
- A2 – Loss Assessment
- A3 – Improvements & Betterments
- Has to be covered by endorsement
Correct

Incorrect
Question 7 of 7

7. Question
Improvements and Betterments made to a Condominium Unit by its owner are insured:
- Under a blanket feature of the Condominium Corporation’s Master Policy.
- Under coverage A3 of the individual Unit Owners Comprehensive Policy.
- Under Building coverage of the Condominium Corporation’s Master Policy.
- Under Coverage A1 of the Unit Owners Comprehensive Policy
Correct

Incorrect

Account Page

Compliance Courses – Guthrie Insurance
Ethics Category Courses – Guthrie Account Page
Management Training Courses Guthrie Insurance
Personal Skills Courses Guthrie Insurance
Technical CL Skills Training Courses Guthrie Insurance

MRD News

The Power of Behavioral Analysis Tools in Enhancing Organizational PerformanceApril 30, 2024
Optimizing Team Building Through Reverse MentoringApril 11, 2024
Navigating Personalities in the WorkplaceApril 5, 2024

Shopping Cart

Number of items in cart: 0

Your cart is empty.
Subtotal: $0.00
Estimated Tax: $0.00
Total: $0.00
Checkout

About

Melanie is delighted to be recognized as winner of the INSURANCE BUSINESS CANADA Elite Women 2022 Award in recognition for outstanding performance and dedicated service.

Seminars

HALF DAY SEMINARS
FULL DAY SEMINARS
WEBINAR TOPICS
LICENSING
TEAM BONDING
Cookie Policy (CA)

Mount Forest Office

Mount, Forest, Ontario,

Tel: (519) 803-1299

E-mail: melanie@mrdconsulting.ca

Website management by MoWebWorks Hosted by My Quality Host

Cookie Consent

To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions including all e-learning. Visitors who intend to use e-learning on this site should Accept cookie use.

Functional Functional Always active

The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.

Preferences Preferences

The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.

Statistics Statistics

The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.

Marketing Marketing

The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.

Manage options Manage services Manage {vendor_count} vendors Read more about these purposes

View preferences

{title} {title} {title}