RIBO IIC RUPINDER EXAM

It is not available under a property insurance policy.

It is automatically included under the extended perils of a property policy. (correct)

It is an "Act of God" and not insurable.

It is a peril that may be covered under a property policy by endorsement for an additional premium.

covers damage to the automobile, certain unscheduled trailers, their equipment and contents caused by another automobile in Ontario, including loss of their use

The policy on the other vehicle must be issued by an Ontario licensed insurer or one that has filed with the Financial Services Regulatory Authority Oare to provide this coverage

The accident may occur anywhere in Canada and at least one other automobile involved is insured under a motor vehicle liability policy.

Comed would be covered, partially under O.A.P. 1 if partially at fault for the accident. (correct)

The insurer is obliged to pay the full cost of the repairs if your insured wants the car to be repaired.

The insured is entitled to obtain an appraisal but must share the costs equally with the insurer. (correct)

Sue the insurer for the full $7,500.

Past on social media about the matter to bring pressure on the insurer for a better settlement through the publicity it will generate.

<p>Cam prohibited from paying a finder's fee to a person who is not licenced or registered as a general insurance medy who is not listed under Ontario Regulation 991, Section 15 (12)</p> Signup and view all the answers

<p>O.A.P 2 Form Sutably endorsed</p> Signup and view all the answers