Chapter 3 Quiz Flashcards Preview

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Flashcards in Chapter 3 Quiz Deck (21):
1

Priorities of Payment do NOT apply to bodily injury claims under the government plan in:
a) British Columbia
b) Newfoundland
c) Quebec
d) Alberta

c) Quebec

2

If a taxi, bus, or limousine driver was injured by an underinsured motorist while working, who would they submit a claim to?
a) Autoplan
b) Autoplan UMP Coverage
c) Unemployment Insurance
d) Provincial Workers Compensation Plan

d) Provincial Workers Compensation Plan

3

One of the objectives of the "no-fault" automobile insurance was to allow:
a) Faster settlements for insured's
b) Cost savings due to the absence of litigation
c) The claimant to recover from his-her own insurer
d) All of the above

d) All of the above

4

The Absolute Liability provisions apply to which one of the following coverages?
a) Accident Benefits
b) Physical Damage
c) Third Party Liability
d) Uninsured Automobile

c) Third Party Liability

5

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

6

Under Third Party Liability coverage, the definition of "insured person" is:
a) Anyone who personally drives the insured automobile with consent
b) Anyone who personally operates any part of the insured automobile with consent
c) The named insured
d) All of the above

d) All of the above

7

The purpose of Accident Benefits coverage is to provide the insured with:
a) Financial protection against liability imposed by law upon the insured
b) Financial protection following physical injury
c) Protection against claims for non-vehicular property damage
d) Protection against claims for vehicular damage

b) Financial protection following physical injury

8

The Accident Benefits coverage of an automobile insurance policy does NOT pay for:
a) Dental work
b) Funerals
c) Loss of wages
d) Pain and suffering

d) Pain and suffering

9

Which of the following would be covered under the Third Party Liability section of an automobile policy?
a) Claims arising from contamination of property being carried in an automobile
b) Property carried in or upon the automobile while in the care, custody or control of the named insured
c) Loss or damage to a third party vehicle directly or indirectly caused by radioactive substances
d) Legal costs and post judgment interest in excess of the policy limit

d) Legal costs and post judgment interest in excess of the policy limit

10

What is the limit of basic Underinsured Motorist Protection under Autoplan?
a) $200,000
b) $500,000
c) $1,000,000
d) $2,000,000

c) $1,000,000

11

As per the insurance (Vehicle) Act, BC residents that are injured or killed, or whose property is damaged by an uninsured or unidentified driver is provided with automatic coverage of up to:
a) $200,000
b) $250,000
c) $500,000
d) $1,000,000

a) $200,000

12

Basic Autoplan insurance includes coverage for:
a) Loss or damage, Third Party Liability, and Accident Benefits
b) Loss of use, Third Party Liability, and Accident Benefits
c) Third Party Liability, Accident Benefits, and First Party Coverage
d) Third Party Liability, Accident Benefits, and Second Party Coverage

c) Third Party Liability, Accident Benefits, and First Party Coverage

13

Sometimes a motorist who causes a crash does not have enough insurance to cover the full cost of the resulting injuries, or may not have insurance at all. This enables drivers injured in such a crash to receive the damages to which they are legally entitled:
a) Uninsured motorist coverage
b) Unidentified motorist coverage
c) Unsatisfied judgment fund
d) Underinsured Motorist Protection

d) Underinsured Motorist Protection

14

Under British Columbia's Accident benefits, no disability benefits are payable:
a) Unless the insured is disabled for a period of more than seven days
b) Unless the insured is disabled for a period of less than seven days but more than three
c) Unless the insured is disabled for a period of more than fourteen days
d) Unless the insured is disabled for a period of less than fourteen days but more than ten days

a) Unless the insured is disabled for a period of more than seven days

15

Under an automobile insurance policy, Accident Benefits are paid:
a) Only to innocent victims of an automobile accident
b) Only if the injured person has no other source of income
c) Provided the injured party has been successful in a breach of contract suit against the insured
d) None of the above

d) None of the above

16

Which of the following is a false statement? In Canada, automobile insurance is marketed:
a) By direct writing insurers
b) By reinsurers
c) Through crown corporations of provincial governments
d) Through independent agents selling on behalf of various insurers

b) By reinsurers

17

Which of the following is true of the Uninsured Automobile coverage?
a) A deductible applies to bodily injury losses
b) An insured must be legally entitled to recover
c) It covers bodily injury caused by identified motorists
d) It is available only in Ontario

b) An insured must be legally entitled to recover

18

With respect to automobile insurance, subrogation rights:
a) Do not exist
b) Maybe limited or removed by federal legislation
c) Maybe limited or removed by provincial legislation
d) Exist only if the insured gives written authorization to the insurer at the time a claim is paid

c) Maybe limited or removed by provincial legislation

19

Define Uninsured motor vehicle. (2 marks)

Uninsured motor vehicle means a motor vehicle used or operated or owned by an uninsured motorist.

20

Define Underinsured motorist. (4 marks)

Uninsured motorist means a person who uses or operates a motor vehicle on a highway in British Columbia when he or she is not insured under third party liability insurance coverage that provides indemnity in a prescribed amount (at least $100,000) against liability imposed by law arising from bodily injury to or the death of a person, or loss of or damage to property, caused by or arising out of the use or operation of a motor vehicle. This includes the owner of a motor vehicle that is used or operated on a highway in British Columbia when the owner is not so insured.

21

List six pieces of information that you would find on a pink card. (6 marks)

- Name and address of insurer
- Name and address of insured
- Agency or brokerage name or number
- Description of insured vehicle
- Policy number (licence plate number in those provinces with full government plans)
- Effective date and expiry date