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Examen
OTL PRACTICE EXAM B QUESTIONS AND ANSWERS
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---28julio 20252024/2025A+
- OTL PRACTICE EXAM B QUESTIONS AND ANSWERS 
d. All of the above - CORRECT ANSWERCoverage'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
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Examen
OTL PRACTICE EXAM A QUESTIONS AND ANSWERS
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---28julio 20252024/2025A+
- OTL PRACTICE EXAM A QUESTIONS AND ANSWERS 
a) It does not certify the existence of insurance. - CORRECT ANSWERWhich of the following is not a 
definition of "Certificate of Insurance"? 
a) It does not certify the existence of insurance. 
b) May be a modified form of a policy. 
c) Issued as a convenience to a party who may have interest in the insurance. 
d) None of the above.
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Examen
OTL PRACTICE EXAM C QUESTIONS AND ANSWERS
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---2julio 20252024/2025A+
- OTL PRACTICE EXAM C QUESTIONS AND ANSWERS 
c. Spread the losses of a few over many - CORRECT ANSWERThe main function of insurance is to 
a. Provide total security for everybody 
b. Provide a pool of capital so everyone who suffers a loss can be indemnified 
c. Spread the losses of a few over many 
d. Provide an aid to credit
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$11.99 Más información
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Examen
OTL PRACTICE EXAM 2025 QUESTIONS AND ANSWERS
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---12julio 20252024/2025A+
- OTL PRACTICE EXAM 2025 QUESTIONS AND ANSWERS 
Which exclusion is commonly found in the personal liability coverage of a homeowners policy? 
a. Damage caused to a neighbour's home 
b. Bodily injury caused because of negligence 
c. Damage caused to a neighbour's automobile 
d. Bodily injury caused by a criminal act - CORRECT ANSWERd. Bodily injury caused by a criminal act
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Examen
OTL PRACTICE 5 EXAM QUESTIONS AND ANSWERS
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---15julio 20252024/2025A+
- OTL PRACTICE 5 EXAM QUESTIONS AND ANSWERS 
Which of the following is not covered under the liability section of Homeowner policy? - CORRECT 
ANSWERThe insured picks up a hot pot from the stove and is badly burned by it causing her to miss 
several weeks from work.
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Examen
OTL EXAM CHAPTER 6 UPDATED QUESTIONS AND ANSWERS
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---3julio 20252024/2025A+
- OTL EXAM CHAPTER 6 UPDATED QUESTIONS AND ANSWERS 
The degree of uncertainty of a prediction is reduced as the size of the sample is increased is one of the 
reliability factors in which concept? - CORRECT ANSWERLaw of large numbers
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Examen
OTL C81 STUDY 1 - STUDY 6 UPDATED QUESTIONS AND ANSWERS
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---19julio 20252024/2025A+
- OTL C81 STUDY 1 - STUDY 6 UPDATED QUESTIONS AND 
ANSWERS 
What type of risk is insurable? What type of risk is non-insurable? - CORRECT ANSWERPure risk is 
insurable as there is no chance to profit
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Examen
OTL AUTO CHAPTER 7 UPDATED QUESTIONS AND ANSWERS
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---4julio 20252024/2025A+
- OTL AUTO CHAPTER 7 UPDATED QUESTIONS AND ANSWERS 
Following an accident involving two drivers, who has the onus of proof during a lawsuit? - CORRECT 
ANSWERThe person suing (plaintiff).
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