Fundamentals of Insurance Chapter 6
(BC Canada) Test Questions Fully
Solved 2025-2026 Updated.
Identify four persons including the definition of "you' or "your" and who would be Insureds
under the policy. - Answer Spouse or common law living in the same household, relatives of
either spouse or insured, any person under 21 in the care of named insured, and students can
be over the age of 21 and living away from home but must be attending full-time education.
Name three ways in which a spouse or common-law partner may qualify for coverage. - Answer
A spouse or common law partner is covered for insurance if they can prove that they are
married, prove that they have been in a relationship continuously for a period of three years, or
the natural or adoptive parent of a child living with the named ensure for a period of one year.
Identify the two coverage sections in a homeowner's form and the coverages provided by each.
- Answer Property Coverage
- dwelling building
- detached private structures
- personal property
- additional living expenses
Liability Coverage
- personal Liability
- voluntary medical payments
- voluntary payment for damages to property
- voluntary compensation for residence employees
Identify the items insured under coverage A - dwelling building - Answer Items insured under
dwelling buildings include, the dwelling and attached structures, permanently installed outdoor
equipment on the premises, outdoor swimming pool and attached equipment on the premises,
and materials and supplies located on or adjacent to the premises intended for use in
construction, alteration or repair of your dwelling or private structures on the premises.
insurance against the peril of theft is only valid when the dwelling is completed and ready to be
occupied.
(BC Canada) Test Questions Fully
Solved 2025-2026 Updated.
Identify four persons including the definition of "you' or "your" and who would be Insureds
under the policy. - Answer Spouse or common law living in the same household, relatives of
either spouse or insured, any person under 21 in the care of named insured, and students can
be over the age of 21 and living away from home but must be attending full-time education.
Name three ways in which a spouse or common-law partner may qualify for coverage. - Answer
A spouse or common law partner is covered for insurance if they can prove that they are
married, prove that they have been in a relationship continuously for a period of three years, or
the natural or adoptive parent of a child living with the named ensure for a period of one year.
Identify the two coverage sections in a homeowner's form and the coverages provided by each.
- Answer Property Coverage
- dwelling building
- detached private structures
- personal property
- additional living expenses
Liability Coverage
- personal Liability
- voluntary medical payments
- voluntary payment for damages to property
- voluntary compensation for residence employees
Identify the items insured under coverage A - dwelling building - Answer Items insured under
dwelling buildings include, the dwelling and attached structures, permanently installed outdoor
equipment on the premises, outdoor swimming pool and attached equipment on the premises,
and materials and supplies located on or adjacent to the premises intended for use in
construction, alteration or repair of your dwelling or private structures on the premises.
insurance against the peril of theft is only valid when the dwelling is completed and ready to be
occupied.
