Autoplan - Supplemental Flashcards
FILL IN THE BLANKS
Autoplan Basic provided coverage for medical & rehabilitation expenses (including necessary medical supplies), _______________,
funeral expenses & wage-loss benefits.
death benefits
FILL IN THE BLANKS
Accident benefits are provided on a
____________________________ basis.
no-fault
FILL IN THE BLANKS
_________________________________ compensates a crash victim when the at-fault driver doesn’t have enough third-party liability insurance to cover the victims full claim.
Underinsured-Motorist Insurance
FILL IN THE BLANKS
The RoadStar Package provides increased loss-of-use coverage, rental vehicle coverage, vehicle travel protection and
_____________________________.
lock, key & remote-keyless-entry-transmitter protection
The _______________________________ is an eight-component policy that builds on the RoadStar Package by adding four more types of coverage.
Roadside Plus Package
Define Tort
A wrongful act or infringement of a right legally recognized as grounds for a lawsuit, especially if it causes injury or harm.
Define Third-Party Liability
Coverage to a limit of $200,000 provided by Autoplan Basic.
Define Priority-of-Claims Rule
Outlines how insurance money is to be spent; also known as the 90/10 rule.
Define Base Premium
A standard rate charged for Autoplan Basic before any optional coverage is added and before any discounts or surcharges are applied.
Define Rate Group
Assigned by ICBC, based on average claim costs, repair costs, engine size, vehicle safety features and other factors.
TRUE OR FALSE
Automobile coverage is provided by compulsory government insurance plans in British Columbia, Saskatchewan, Manitoba & Ontario.
TRUE
TRUE OR FALSE
In a no-fault system, the victim of a vehicle crash has no right to sue for damages or for pain and suffering.
TRUE
TRUE OR FAULT
A driver must be convicted of at least two major driving offences before s/he’s charged a driving-offence surcharge.
FALSE
A driver with at least two MINOR convictions (e.g., speeding, failing to stop at a stop sign) in a three-year period pays more for these optional coverages.
Autoplan Basic’s inverse-liability coverage pays to repair a third party’s vehicle if the law prohibits the third party from suing the insured driver to recover the costs.
TRUE
A policyholder who files an own-damage claim for anything other than theft must provide proof of loss within 90 days of the loss.
TRUE
If the claim is for theft, or for loss or damage resulting from theft, the policy holder is required to advise ICBC of the police case file number & the circumstances of the theft, loss or damage within 7 days of making the police report.
MATCH THE COVERAGE TO THE CLAIM
An insured driver returns from vacation to find that her house has burned down, and her car in the garage has been severely damaged by the fire.
Third Party Liability
Underinsured-Motorist Protection
Collision
Comprehensive
No Coverage
Comprehensive
MATCH THE COVERAGE TO THE CLAIM
An insured driver hits and seriously injures a pedestrian crossing the street. The pedestrian is disabled for life and sues the driver for $3,000,000.
Third Party Liability
Underinsured-Motorist Protection
Collision
Comprehensive
No Coverage
Third-Party Liability
MATCH THE COVERAGE TO THE CLAIM
An insured driver leaves his car windows down while parked outside his home, and his leather jacket and some money are stolen from the back seat. There is no damage to the vehicle.
Third Party Liability
Underinsured-Motorist Protection
Collision
Comprehensive
No Coverage
No Coverage
MATCH THE COVERAGE TO THE CLAIM
A British Columbia motorist is driving in Seattle when his car is hit by a driver licensed in Washington State who runs a red light. The British Columbia driver is physically injured and his car is badly damaged. The cost of the British Columbian’s medical care and car repairs is well over $100,000, but the Washington driver has only $25,000 in third-party liability insurance.
Third Party Liability
Underinsured-Motorist Protection
Collision
Comprehensive
No Coverage
Underinsured-Motorist Protection
MATCH THE COVERAGE TO THE CLAIM
An ICBC policyholder is driving on a stormy night, and a tree falls in front of her. She hits the brakes, but her car hits the tree. The driver isn’t injured, but the impact causes significant damage to the front of her pickup truck.
Third Party Liability
Underinsured-Motorist Protection
Collision
Comprehensive
No Coverage
Collision
