Chapter 1 Multiple Choice Flashcards Preview

C14 - Classroom Quizzes > Chapter 1 Multiple Choice > Flashcards

Flashcards in Chapter 1 Multiple Choice Deck (23):
1

The purchase of automobile insurance is the responsibility of the:

a) Automobile owner
b) Broker/agent
c) Employer
d) Driver

a) Automobile owner

2

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

3

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

4

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

5

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

6

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

7

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

8

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

9

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

10

What provides coverage for drivers who are driving vehicles they do not own?

SPF 2 - Standard Driver’s Automobile Policy

11

What gives the Federal Government exclusive power to legislate in various fields, one of which is “money and banking”?

Insurance Companies Act

12

What deals with the registration and licensing of motor vehicles, licensing of drivers, and traffic control on highways?

Motor Vehicle Act

13

What provides excess liability coverage for use along with SPF 1, 2, 4, and 6?

SPF 7 - Excess Autombile Policy

14

What legally enforceable decision made by a judge will guide judges in making subsequent decisions in similar cases?

Precedent

15

What provides coverage for garages in respect to owned, non-owned, and customer vehicles?

SPF 4 - Standard Garage Automobile Policy

16

What is administered by the Superintendent of Financial Institutions; similiar legislation exists in every other province; requires all public forms used by insurers doing business in the province to be approved by the Superintendent?

Insurance Act

17

What sets out the concept and skeleton of Autoplan?

Insurance (Vehicle) Act

18

What provides coverage for owners of vehicles?

SPF 1 - Standard Ownber’s Automobile Policy

19

What provides contingent coverage for businesses that lease vehicles on a long-term basis?

SPF 8 - Lessor’s Contingent Automobile Policy

20

What specifies the meaning or effect of various expressions, terms, and words frequently used in statutes or regulations?

Interpretation Act

21

What set up the Crown Corporation of ICBC and empowers it to do business in all classes of insurance?

Insurance Corporation Act

22

What provides coverage where there is a responsibility for the use and operation of non-owned vehicles?

SPF 6 - Standard Non-Owned Automobile Policy

23

What fixes the time within which a plaintiff must commence legal action against a defendant?

Limitation Act