Insurance Level 1 Alberta <3 chapter
6+7 Questions and Correct Verified
Answers 2025.
Which provinces does Section A.1 Direct compensation for property damage (DCPD) affect? -
Answer Quebec, Ontario, New Brunswick, Nova Scotia and Prince Edward Islands
What does DCPD cover? - Answer If an Albertan is involved in an accident in a no-fault
jurisdiction, it doesn't matter who is at fault the Albertan will be indemnified by their own
insurance company.
But because of this the insured cannot sue
The insurer company cannot subrogate.
What is the insurer not liable for under Section A-Third party liability (bodily injury or death of
nay person or damage to property) - Answer -Workers’ compensation
-excess limit of minimum required amount
-illicit activity (drugs)
-death or injury of employee or any person repairing the automobile
-liability because of contamination
When indemnity is provided the insurer shall.... - Answer -investigation, negotiations, settle of
any claims, investigation
-cost of judgement
-any civil action required
-pay for medical aid
-be liable up to minimum limit
When indemnity is provided the insured shall... - Answer -Appear in court if necessary
-shall reimburse the insurer upon demand
Section B. Accidents and Benefits subsection 2: How much does the H.O.H receive if they lose a
member of their family? - Answer 10,000$
, How much money will a spouse/dependant receive if the H.0.H dies? - Answer 15,000$ plus
an additional 4,000$ for any additional survivors.
When shall the person receiving the payment be payed? - Answer 60 days after the death of
the insured
Section C: Loss or damage to insured automobile: What are the four ares that provide coverage
for a vehicle? - Answer 1)All perils
2)collision or upset
3)Comprehensive
4)Specified Perils
Within each subsection what does each cover? - Answer All perils: collision
upset+comprehensive (covers more than specified perils)
collision upset: if an automobile hits another automobile or dead animal
comprehensive: vandalism, sinking, theft or attempted theft, hitting a live animal
specified perils:
Lighting
explosions
fire
theft
Hail
earthquake
riot
Conveyance
air
rising water
(on Fire)
6+7 Questions and Correct Verified
Answers 2025.
Which provinces does Section A.1 Direct compensation for property damage (DCPD) affect? -
Answer Quebec, Ontario, New Brunswick, Nova Scotia and Prince Edward Islands
What does DCPD cover? - Answer If an Albertan is involved in an accident in a no-fault
jurisdiction, it doesn't matter who is at fault the Albertan will be indemnified by their own
insurance company.
But because of this the insured cannot sue
The insurer company cannot subrogate.
What is the insurer not liable for under Section A-Third party liability (bodily injury or death of
nay person or damage to property) - Answer -Workers’ compensation
-excess limit of minimum required amount
-illicit activity (drugs)
-death or injury of employee or any person repairing the automobile
-liability because of contamination
When indemnity is provided the insurer shall.... - Answer -investigation, negotiations, settle of
any claims, investigation
-cost of judgement
-any civil action required
-pay for medical aid
-be liable up to minimum limit
When indemnity is provided the insured shall... - Answer -Appear in court if necessary
-shall reimburse the insurer upon demand
Section B. Accidents and Benefits subsection 2: How much does the H.O.H receive if they lose a
member of their family? - Answer 10,000$
, How much money will a spouse/dependant receive if the H.0.H dies? - Answer 15,000$ plus
an additional 4,000$ for any additional survivors.
When shall the person receiving the payment be payed? - Answer 60 days after the death of
the insured
Section C: Loss or damage to insured automobile: What are the four ares that provide coverage
for a vehicle? - Answer 1)All perils
2)collision or upset
3)Comprehensive
4)Specified Perils
Within each subsection what does each cover? - Answer All perils: collision
upset+comprehensive (covers more than specified perils)
collision upset: if an automobile hits another automobile or dead animal
comprehensive: vandalism, sinking, theft or attempted theft, hitting a live animal
specified perils:
Lighting
explosions
fire
theft
Hail
earthquake
riot
Conveyance
air
rising water
(on Fire)
