Acroynms Flashcards

1
Q

OHIP

A

Ontario Health Insurance Plan

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2
Q

What does FSRA stand for?

A

Financial Services Regulatory Authority

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3
Q

What does OSFI stand for?

A

Office of Superintendent Financial Institution

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4
Q

What does PACICC stand for?

A

Property and Casualty Insurance Compensation Corporation

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5
Q

What does RIBO stand for?

A

Registered Insurance Brokers Ontario

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6
Q

What is P&C refer to?

A

Property & Casualty Insurance

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7
Q

What is OAP?

A

Ontario Auto Policy

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8
Q

What does IBAO stand for?

A

Insurance Brokers association of Ontario

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9
Q

E&O means?

A

Errors and Omissions

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10
Q

LGC refers to?

A

Lieutenant Governor Council

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11
Q

Q & R refers to?

A

Qualification and Registration committee

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12
Q

CPL stands for?

A

Comprehensive personal liability

Worldwide coverage

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13
Q

CGL stands for?

A

Commercial General Liability

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14
Q

TLL means?

A

Tenant Legal Liability

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15
Q

SIR refers to?

A

Self Insured Retention

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16
Q

IBC stands for ?

A

Insurance Bureau of Canada

17
Q

SABS stands for ?

A

Statutory Accidents Benefits Schedule

18
Q

ACV stands for?

A

Actual Cash Value

After Depreciation

19
Q

RC refers to?

A

Replacement Cost

No depreciation

20
Q

GRC means?

A

Guaranteed Replacement Cost

No depreciation

21
Q

DCPD stands for?

A

Direct Compensation Property Damage