Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Question: 1 / 475

Which of the following statements is NOT true?

Hitting a deer on a road trip north would usually be considered a comprehensive claim.

DCPD coverage only pays for damages which you are not responsible for.

Premium rebating by brokers is permitted by RIBO provided the insured is advised of the practice before the rebate takes place.

A This statement is true, as hitting a deer would usually be considered a comprehensive claim.

B: This statement is true, as DCPD coverage only covers damages for which you are not at fault.

D: This statement is true, as Specified Perils coverage does not cover damages from war.

Specified Perils coverage does not list war as an insured peril.

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