OTL Exam question B 100 Questions with 100% Correct Answers | Verified

How is professional liability insurance typically provided to an engineer? - ️️A standalone policy is required What is the caregiver benefit limit? - ️️$250 per week and an additional $50 for each dependant Where would an agent/broker find the exact details of what constitutes a condominium unit? - ️️The declaration of the specific condominium corporation The ability for an agent or broker to provide a full range of insurance protection to a client, is the description for which term? - ️️Capacity Which two acts are very firmly meshed together? - ️️The insurance act and the highway traffic act Which type of insurance offers coverage for the perils of burglary, robbery, and theft? - ️️Crime insurance What is another name for the increased cost-demolition or construction endorsement? - ️️The bylaw endorsement How is professional liability insurance typically provided to an engineer? - ️️A standalone policy is required Which insurance distribution system uses salaried employees as their sales force and owns the business? - ️️Direct writer