Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Question: 1 / 475

Which statement is NOT true regarding lawsuits in Ontario?

Permitted with respect to economic loss under certain circumstances

Not permitted with respect to non-economic loss unless the threshold has been met

Not permitted with respect to most health care expenses

Not permitted with respect to catastrophic impairment

In the province of Ontario, lawsuits are permitted under certain circumstances for economic loss and non-economic loss if the threshold has been met. However, lawsuits are not permitted for most health care expenses, meaning that a person cannot sue for compensation for these expenses. On the other hand, catastrophic impairment is a type of injury that is severe and permanent, which allows individuals to file for lawsuits in order to receive compensation for their losses. Therefore, Option D, which states that lawsuits are not permitted for catastrophic impairment, is the incorrect statement as a person can take legal action for such an injury.

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