OTL Practice Exam B Questions and Answers Already Passed

OTL Practice Exam B Questions and Answers Already Passed Coverage's available under auto policies across Canada include a. Uninsured Motorist Coverage, Accident Benefits and Loss of or Damage to Insured Auto b. Accident Benefits and collision c. Third Party Liability, Accident Benefits and Loss of or Damage to Insured Auto d. All of the above d. All of the above Which statement is FALSE? a. A newly acquired auto is automatically insured for a specified period of time if it replaces another insured vehicle of similar type b. It is possible to insure more than one vehicle on the same policy c. An auto with a trailer attached is considered as one vehicle for the purposes of Accident Benefits limits d. No coverage applies to temporary substitute vehicles d. No coverage applies to temporary substitute vehicles The following damage is included under all perils coverage: a. Vandalism of a vehicle b. Rusting of the vehicle body c. Radioactive contamination d. Damage caused to the vehicle while the driver was under the influence of drugs a. Vandalism of a vehicle Accident benefits do not pay any expenses, arising out of an auto accident for: a. Vehicle damage b. Loss of wages c. Dental work d. Funerals a. Vehicle damage Which of the following is not covered under the specified perils section a. Pitmarks in windshield from hail b. Collision with a tree c. Ferryboat sank, taking auto with it d. Damage to car roof as a result of overturn during a riot b. Collision with a tree Statutory Conditions a. Are made up of definitions, rules and regulations which govern Auto Policies b. Are known as Special Conditions in Alberta c. Contain the exact words as specified in the Charter of Rights d. Do not apply to Extension Policies a. Are made up of definitions, rules and regulations which govern Auto