Chapter 1 Multiple Choice Flashcards
The purchase of automobile insurance is the responsibility of the:
a) Automobile owner
b) Broker/agent
c) Employer
d) Driver
a) Automobile owner
All automobile endorsement wordings:
a) Are designed by each individual insurer
b) Are standard throughout Canada
c) Come under the supervision of the Federal Department of Insurance
d) Must be approved by the appropriate provincial government body
d) Must be approved by the appropriate provincial government body
The Standard Automobile Policy (Owner’s Form), provides coverage for:
a) Owners of vehicles
b) Drivers of vehicles
c) Garage owners
d) Business owners
a) owners of vehicles
Which of the following provides an element of no-fault insurance coverage in all provinces?
a) Accident benefits
b) Own damage
c) Third party liability
d) None of the above
a) Accident benefits
In Canada, there are six policy forms approved for use in:
a) All provinces of Canada
b) Provinces with government insurance only
c) Provinces that do not have government plans
d) Private sector in provinces that do not have government plans
c) Provinces that do not have government plans
Basic automobile insurance is provided by the government in:
a) Alberta, New Brunswick, and Newfoundland
b) British Columbia, Manitoba, and Saskatchewan
c) Manitoba, Ontario, and Prince Edward Island
d) Nova Scotia, Quebec, and Saskatchewan
b) British Columbia, Manitoba, and Saskatchewan
In Quebec:
a) Bodily injury claims are covered by government compensation plan and property damage claims are covered by standard automobile policies issued by private insurance companies
b) Both bodily injury and property damage claims are covered by the Quebec government
c) Both bodily injury and property damage claims are covered by private insurance
d) Either bodily injury or property damage coverage could be purchased at the insured’s option
a) Bodily injury claims are covered by government compensation plan and property damage claims are covered by standard automobile policies issued by private insurance companies
The Quebec government bodily injury plan is funded by:
a) Fees from the sale of licence plates
b) Fees from diver’s licences
c) Fees from the sale of licence plates and driver’s licences
d) Non of the above
c) Fees from the sale of licence plates and driver’s licences
What covers accidents that arise from the use or operation of the automobile as a transportation network automobile (Alberta only)?
SPF 9 - Transportation Network Policy
What provides coverage for drivers who are driving vehicles they do not own?
SPF 2 - Standard Driver’s Automobile Policy
What gives the Federal Government exclusive power to legislate in various fields, one of which is “money and banking”?
Insurance Companies Act
What deals with the registration and licensing of motor vehicles, licensing of drivers, and traffic control on highways?
Motor Vehicle Act
What provides excess liability coverage for use along with SPF 1, 2, 4, and 6?
SPF 7 - Excess Autombile Policy
What legally enforceable decision made by a judge will guide judges in making subsequent decisions in similar cases?
Precedent
What provides coverage for garages in respect to owned, non-owned, and customer vehicles?
SPF 4 - Standard Garage Automobile Policy
