Chapter 6 - Personal Automobile Insurance Flashcards
Pink card
In provinces where automobile insurance is provided by private insurers, a PINK CARD is used to provide proof of financial responsibility. or In provinces having compulsory government insurance plans, the PINK COPY of the certificate of registration serves as proof of financial responsibility.
Facility association
An insurance pool in which all licensed automobile insurers participate and which provides insurance to those who may be refused insurance by private insurers.
Drivers abstract
A record of the driver history of the applicant and other drivers which can be obtained from provincial licensing authorities.
Uninsured automobile
One in which neither the driver nor the owner has collectible bodily injury liability insurance.
Unidentified automobile
One in which the identity of either the owner or driver cannot be ascertained and which causes bodily injury or death to an insured person arising out of actual contact of that automobile with the automobile in which the insured is an occupant.
General average
Designed to provide payment for ocean marine losses voluntarily incurred for the safety of the entire venture. The insurers of the parties whose property was saved shall contribute to the losses of the parties whose property was sacrificed.
Temporary substitute automobile
One which is temporarily being used as a substitute for the automobile described on the policy. It qualifies only if the described automobile cannot be used because of its breakdown, repair, servicing, loss, destruction or sale.
Occupant
Any person who drives the automobile OR is being carried on or upon or entering into or leaving the automobile.
Newly acquired automobile
One which replaces an automobile described on the policy or is in addition to others owned by the insured which are all insured by the same insurer.
