SEF Number And Title Of Endorsement

Question 1

what is SEF 2 and what’s the purpose for this endorsement?

Answer 1

SEF 2 - DRIVE OTHER AUTOMOBILES

The purpose to this endorsement is to expand the definition of insured person for the purpose of third party liability when operating a non owned or other automobile. The standard working restricts the wording to named insured and spouse only

Question 2

What is SEF 3 and what is the purpose for this endorsement?

Answer 2

SEF 3 - GOVERNMENT- OWNED AUTOMOBILES

when an insured also drives a government owned automobile a special situation arises because the federal government is not required to carry automobile insurance. The insured may have his or her owners policy endorsed with government owned automobiles endorsement to provide coverage against liability imposed by law or assumed under contract or agreement for loss or damage arising from one of the perils insured against. The perils are specified in the Endorsement and are the same as those set out in the owners policy.

Question 3

What is SEF 4A, 4B ? What is the purpose for them?

Answer 3

SEF 4A, 4B - PERMISSION TO CARRY EXPLOSIVES; PERMISSION TO CARRY RADIOACTIVE SUBSTANCES

4A - one endorsement is designed to counter at least in part the effect of one of the general exclusions under section 1 of the owners policy. Permission is granted to carry specific types of explosives and coverage is granted for specific sections of the policy while the explosives or incendiary power of the type of explosive to be carried

4B - another endorsement similar to the one above grants permission to carry radioactive materials

Question 4

SEF 5, 5C

Answer 4

SEF 5 5C - PERMISSION TO RENT OR LEASE(SPECIFIED LESSEES) , PERMISSION TO RENT OR LEASE ( UNSPECIFIED LESSEES)

The owners policy expressly excluded coverage if an automobile is rented or leased to another but permission to do so can be obtained by this endorsement.

This endorsement amends the policy conditions granting permission for the automobile to be leased on a long term basis. The lessee us given all of the rights of a named insured, including the right to grant permission for other person’s to operate the automobile

Question 5

SEF 5D

Answer 5

SEF 5D- CONVERSION, EMBEZZLEMENT, THEFT

The owners policy excludes loss or damage resulting from:

• dishonest claim of ownership
• an illegal disposal or theft of the automobile by anyone who has legal possession of it under a written agreement
• a consented change in ownership

The conversion endorsement amends that exclusion to specify that it excludes loss or damage resulting from “ a written agreement except a lease”

Question 6

SEF 6

Answer 6

SEF 6 - PASSENGER RISKS

There are a number of endorsements available for passenger risks, each one designed for a particular purpose

Taxis, private buses, carpooling
School buses
Public transportation
Driver training schools

Question 7

SEF 8A

Answer 7

SEF 8A - PROPERTY DAMAGE REIMBURSEMENT FOR OPERATION BY NAMED PERSON

When the property damage reimbursement endorsement is attached to a policy, the insured agrees to reimburse the insurer for the sum stated in the endorsement or the amount of the loss whichever is less

Question 8

SEF 9

Answer 8

SEF 9 - AMPHIBIOUS VEHICLES

The water risk is insurable under another form of policy, therefore an endorsement is attached to the policy excluding coverage for the marine use of the vehicle

Question 9

SEF 13C

Answer 9

SEF 13C - LIMITATION OF GLASS

Glass claims use up a good part of comprehensive premiums. Where gravel roads are common the incidence of glass claims is high. Insurers order reduced premiums when the restricting glass coverage endorsement is used to limit glass cover under comprehensive to specified perils that do not include damage caused by gravel and stones.

Question 10

SEF 13H

Answer 10

SEF 13H - DELETION OF HAIL COVERAGE

Question 11

SEF 16

Answer 11

SEF 16 - SUSPENSION OF COVERAGE

occasionally an insured wishes to suspend coverage for a given period of time. This endorsement allows the insured to suspend coverage however primary liability coverage will remain in effect. If they wish to reinstate their coverage SEF 17 will be applied - reinstatement of coverage endorsement

Question 12

SEF 18

Answer 12

SEF 18 REPLACEMENT COST

Question 13

SEF 19, 19A

Answer 13

SEF 19, 19A - LIMITATION AMOUNT; VALUED AUTOMOBILES

SEF 19 - designed to limit the settlement on an automobile, specifically in cases where the ACV exceeds the rating values used in automobile rating manuals.

SEF 19A - the insured would go to the expense of an appraisal, pay a greater premium, and be afforded a richer settlement. This endorsement would then override and enhance the statutory condition “ Insurer liable for cash value of automobile”

Question 14

SEF 20

Answer 14

SEF 20 - LOSS OF USE

Provides coverage for loss of use of the automobile by theft up to a maximum amount per day and an overall maximum. The coverage is automatic under the owners policy and no additional premium is charged. If a higher limit per day or per occurrence is desired, the insured can purchase the coverage for transportation replacement endorsement

Question 15

SEF 22

Answer 15

SEF 22 - DAMAGE TO PROPERTY OF PASSENGERS

Question 16

SEF 23

Answer 16

SEF 23 - MORTGAGE AND LIENHOLDERS ENDORSEMENT

holders of a Lien, mortgage, or assignment on an automobile naturally want to protect their financial interests in the vehicle, which is security for the money owned and which could be compromised I’d the automobile is damaged or destroyed. Financial institutions therefore insist that insurance be placed and that their interests are protected.

Question 17

SEF 25

Answer 17

SEF 25 - ALTERATIONS ( CHANGES )

It is often necessary to amend, add, delete, or restrict coverage on a policy or make changes relating to the vehicles insured

Question 18

SEF 26

Answer 18

SEF 26 - DISAPPEARING DEDUCTIBLES

Question 19

SEF 27

Answer 19

SEF 27 - LEGAL LIABILITY FOR DAMAGE TO NON-OWNED AUTOMOBILES

it provides legal liability protection for physical damage to a non owned automobile

It extends liability insurance from the normal named insured and spouse offered under a basic policy wording to those individuals listed on this endorsement.

Question 20

SEF 28

Answer 20

SEF 28 - REDUCTION OF COVERAGE AS RESPECTS OPERATION BY NAMED PERSON

it may be necessary at times to restrict the amount of coverage when certain individuals are operating the vehicle as in the case of a driver with a poor loss history.

Question 21

SEF 28A

Answer 21

SEF 28A - EXCLUDED DRIVER

exclude all coverage for named drivers except for some legislated accident benefits coverage

Question 22

SEF 29

Answer 22

SEF 29 - ADDITIONAL COVERAGE BY NAMED PERSONS

The additional coverage for named persons provides additional coverage for specified drivers

Question 23

SEF 32

Answer 23

SEF 32 - MOTORISED RECREATIONAL VEHICLE

When this endorsement is in place it is required to waive compliance with the statutory condition pertaining to qualification and age of the operator of the vehicle while it is being operated off the public highway.

Question 24

SEF 36

Answer 24

SEF 36 - COMMERCIAL VEHICLES USED FOR PLEASURE ONLY

Question 25

SEF 40

Answer 25

SEF 40 FIRE AND THEFT DEDUCTIBLE

a fire deductible endorsement may be added to a policy to extend the deductible under all perils, comprehensive, or specified perils to losers caused by fire.

Question 26

SEF 44

Answer 26

SEF 44 - FAMILY PROTECTION ENDORSEMENT

when the insured cannot fully recover his or her damages for BI or death the family protection endorsement covers the difference between the value of the insureds claims and the third party’s limit of liability insurance. When a third party is at fault this endorsement covers the short fall when the third party is inadequately insured to cover the insureds claims or when the third party is uninsured.