Acroynms Flashcards by Leo Rebelo

Q

OHIP

A

Ontario Health Insurance Plan

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Q

What does FSRA stand for?

A

Financial Services Regulatory Authority

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Q

What does OSFI stand for?

A

Office of Superintendent Financial Institution

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Q

What does PACICC stand for?

A

Property and Casualty Insurance Compensation Corporation

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Q

What does RIBO stand for?

A

Registered Insurance Brokers Ontario

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Q

What is P&C refer to?

A

Property & Casualty Insurance

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Q

What is OAP?

A

Ontario Auto Policy

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Q

What does IBAO stand for?

A

Insurance Brokers association of Ontario

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Q

E&O means?

A

Errors and Omissions

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Q

LGC refers to?

A

Lieutenant Governor Council

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Q

Q & R refers to?

A

Qualification and Registration committee

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Q

CPL stands for?

A

Comprehensive personal liability

Worldwide coverage

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Q

CGL stands for?

A

Commercial General Liability

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Q

TLL means?

A

Tenant Legal Liability

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Q

SIR refers to?

A

Self Insured Retention

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Q

IBC stands for ?

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A

Insurance Bureau of Canada

Q

SABS stands for ?

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A

Statutory Accidents Benefits Schedule

Q

ACV stands for?

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A

Actual Cash Value

After Depreciation

Q

RC refers to?

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A

Replacement Cost

No depreciation

Q

GRC means?

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A

Guaranteed Replacement Cost

No depreciation

Q

DCPD stands for?

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A

Direct Compensation Property Damage