OAS Study 3 Quiz 4 Study Guide
What geographical limit is specified in the OAP 1 for automobiles being operated, used, stored,
or parked in? - Answer Within Canada, the USA, and on a vessel travelling between these
ports
OAS - Study 3 - LO1
What is the definition of an occupant in the OAP 1? - Answer A person, including the driver,
in or on an automobile, which includes getting into, on, out of, or off an automobile.
OAS - Study 3 - LO1
How is a described automobile defined in the OAP 1? - Answer Any automobile, or trailer
registered in the name of the policy holder and specifically described on the certificate of
automobile insurance.
OAS - Study 3 - LO1
In addition to providing coverage for the specifically described automobile, which other
categories of automobiles does the OAP 1 extend coverage to? - Answer Newly acquired
automobile, temporary substitute automobile, trailer, and other non-owned vehicles
OAS - Study 3 - LO1
Under OAP 1, which coverages will automatically extend to a trailer that is NOT listed on the
automobile policy? - Answer Third-party Liability, Accident Benefits, and Uninsured
Automobile.
OAS - Study 3 - LO1
What general term is used in the insurance industry to refer to when an arrangement for
transportation is set up through a mobile application? - Answer Ridesharing
OAS - Study 3 - LO2
Is there insurance coverage under OAP 1 when the ridesharing driver has accepted a ride and is
driving to the rider's pick-up location? - Answer No, It is considered a part of the excluded
commercial transaction
OAS - Study 3 - LO2
Which statement best describes a ridesharing endorsement? - Answer Added to the standard
owner's policy; vehicle owner must meet the eligibility requirement and be insured with the
insurer who offer this coverage
OAS - Study 3 - LO2
What geographical limit is specified in the OAP 1 for automobiles being operated, used, stored,
or parked in? - Answer Within Canada, the USA, and on a vessel travelling between these
ports
OAS - Study 3 - LO1
What is the definition of an occupant in the OAP 1? - Answer A person, including the driver,
in or on an automobile, which includes getting into, on, out of, or off an automobile.
OAS - Study 3 - LO1
How is a described automobile defined in the OAP 1? - Answer Any automobile, or trailer
registered in the name of the policy holder and specifically described on the certificate of
automobile insurance.
OAS - Study 3 - LO1
In addition to providing coverage for the specifically described automobile, which other
categories of automobiles does the OAP 1 extend coverage to? - Answer Newly acquired
automobile, temporary substitute automobile, trailer, and other non-owned vehicles
OAS - Study 3 - LO1
Under OAP 1, which coverages will automatically extend to a trailer that is NOT listed on the
automobile policy? - Answer Third-party Liability, Accident Benefits, and Uninsured
Automobile.
OAS - Study 3 - LO1
What general term is used in the insurance industry to refer to when an arrangement for
transportation is set up through a mobile application? - Answer Ridesharing
OAS - Study 3 - LO2
Is there insurance coverage under OAP 1 when the ridesharing driver has accepted a ride and is
driving to the rider's pick-up location? - Answer No, It is considered a part of the excluded
commercial transaction
OAS - Study 3 - LO2
Which statement best describes a ridesharing endorsement? - Answer Added to the standard
owner's policy; vehicle owner must meet the eligibility requirement and be insured with the
insurer who offer this coverage
OAS - Study 3 - LO2
