Study 1 - Introduction to Automobile Insurance and Autoplan Flashcards
The Criminal Code of Canada applies to
a. all provinces of Canada
b. all provinces of Canada, except Quebec
c. all provinces of Canada, except Newfoundland
d. all provinces of Canada, except provinces with crown corporations
a. all provinces of Canada
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
Automobile insurance policy forms are regulated by
a. agents and brokers
b. insurers
c. provincial governments
d. federal government
c. provincial governments
S.P.F. stands for
a. standard provincial forms
b. standard policy forms
c. Saskatchewan policy forms
d. standard profit form
b. standard policy forms
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
The purchase of automobile insurance is the responsibility of the
a. automobile owner
b. broker/agent
c. employer
d. driver
a. automobile owner
The standard automobile policy (driver’s form) provides coverage for
a. owners of vehicles
b. drivers who are driving vehicles they do not own
c. garages of owned customer’s vehicles
d. business entity who could be held liable for damages caused by vehicles that they do not own
b. drivers who are driving vehicles they do not own
The standard 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
Physical damage coverage is useful where damage is caused by
a. third party running through a stop sign
b. theft and vandalism
c. hail or lightning
d. all of the above
d. all of the above
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
Parking by-laws are under
a. federal law
b. provincial law
c. municipal law
d. Criminal Code of Canada
c. municipal law
The Quebec government bodily injury plan is funded by
a. fees from sale of licence plates
b. fees from driver’s licences
c. fees from sale of licence plates and driver’s licences
d. none of the above
c. fees from sale of licence plates and driver’s licences
Automobile insurance is distributed in two ways in Canada
a. direct writers and direct response companies
b. brokers and agents
c. direct writers and brokers/agents
d. private insurance companies and Crown corporations
d. private insurance companies and Crown corporations
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 compensation plan
c. both bodily injury and property damage claims are covered by private insurance companies
d. either bodily injury or property coverages 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
In provinces where there are government insurance plans, which of the following serves the same purpose as a policy?
a. the Province Automobile Act
b. the regulations of the Province Automobile Insurance Act
c. the provincial Vehicle Insurance Acts
d. the provincial Motor Vehicle Insurance Liability Acts
b. the regulations of the Province Automobile Insurance Act
