OTL Lesson Eight: 40 Question Quiz

Your client calls to advise he/she needs insurance on a car leased from an automobile dealer. Which one (1) of the following policies is required?

When a third party has been injured, which of the following could jeopardize the insured’s auto coverage?

In the Additional Agreements of the Insurer, Own Damage, the insurer agrees to waive subrogation against:

Which one (1) of the following statements is TRUE?

A horse and buggy are hit by an automobile. The horse is killed. The automobile has been damaged but not the buggy. Which of the following coverage apply?

Newly acquired automobiles are automatically covered under and O.A.P. 1 Owner’s Form provided the insurer is notified:

Rising water is covered under:

Insurance under O.A.P. 1 Owner’s Form, Section 7, Loss or Damage Coverages, is usually subject to a deductible. It does not apply to damage caused by:

The insurer is required to pay the money for which it is liable under the automobile insurance contract within sixty days after the:

Under the “What Automobiles Are Covered” section of O.A.P. 1 Owner’s Form, a newly acquired automobile is automatically covered for a period of 14 days. This automatic coverage is limited to:

Uninsured Automobile coverage

Your insured has bought a snowmobile and advises you a fourteen year old son will also be operating it. You have provided your insured with an O.A.P. 1, Owner’s Form and advise that:

All clients should be counseled regarding the availability of optional benefits available under O.A.P. 1 Owner’s Form. Which one (1) of the following is NOT available?

A client phones to tell you he has bought a high-end stereo system costing $5,000, which has just been installed in his car. What should you tell him?

Under Loss of Use due to theft, reimbursement ends upon:

One of the following statements is correct. Which one (1) is it? Electronic accessories or equipment are covered under O.A.P. 1 Owner’s Form:

Highway Victims Indemnity Funds:

Indicate the correct way to insure a snowmobile:

In the following statement about Section 6 – Direct Compensation – Property Damage – of the O.A.P. 1 Owner’s Form, one (1) is INCORRECT. Indicate which it is:

An insured requests that the limit of liability in his/her automobile policy O.A.P. 1 be reduced. What is the minimum amount he/she must carry under Ontario law?

Insurance under Section 7 of O.A.P. 1 Owner’s Form, Loss or Damage Coverages, is usually subject to a deductible. It does not apply to loss or damage caused by:

The insured (who has automobile insurance) is struck by an automobile while riding her bicycle and receives minor injuries. Medical payments for the insured will:

Which of the following is NOT true of recreational vehicles:

The basic Income Replacement Benefit payable under O.A.P. 1 Owner’s Form, Section 4 – Accident Benefits Coverage is $400 per week. The actual amount is based on:

The insured’s automobile is broken into and some articles are taken. Specified perils will cover:

Under Section 7, Physical Damage to Own Automobile coverage, the insurer agrees to indemnify:

Which of the following statements is NOT true? Lawsuits in Ontario are:

If the insured drove his automobile in to his own garage door, what would be included under the Own Damage coverage of his automobile policy?

If an insured automobile being driven by a person without the owner’s consent is involved in an accident, the only coverage available to that driver is certain coverage under:

Provincial Insurance Acts governing automobile insurance applications state that:

The insured leaves a tavern, gets in to his auto in an intoxicated state, and causes an accident on the way home. Which of the following would not be covered?

What type of automobile insurance policy provides liability coverage to a person who does not own an automobile but requires coverage for other automobiles?

To a person who has made or who knows of a material misrepresentation, the insurer is NOT required to pay:

Under Loss of Use (subsequent to a theft of an automobile), reimbursement begins:

Which of the following is covered under the All Perils coverage (own damage) of an automobile policy?

All accidents and claims within the following time period immediately preceding the application must be disclosed:

A cigarette sets the automobile seat on fire and causes $450 damage. The policy shows a $300 deductible under Specified Perils. The insurer would pay?

In which of the following situations is coverage available for a temporary substitute automobile?

Recovery from the responsible party for loss of income as a result of an auto accident, after trial is:

The OPCF#44 Family Protection coverage:

Fortuitous means

Which of the following provides an element of no-fault automobile insurance coverage in all provinces?

With respect to a liability claim arising from an automobile accident, which of the following must prove the link between fault and damage?

With respect to automobile insurance, subrogation rights

Absolute liability implies that:

What does Direct Compensation mean as it relates to automobile insurance?

With respect to automobile insurance, no-fault insurance means:

Under an automobile policy, property damage means damage to:

In addition to the basic Third-Party Liability coverage, the insurer agrees to:

The purpose of the Accident Benefits coverage is to provide the insured with:

The Accident Benefits coverage of an automobile insurance policy does NOT pay for: