Insurance under "Section 7 - Loss or Damage Coverages" of the O.A.P. 1 Owner's Policy is frequently subject to a deductible. The deductible does NOT apply to damage caused by which one (1) of the following perils? Falling objects. Hail. Theft of the entire automobile. Lightning.
Insurance under "Section 7 - Loss or Damage Coverages" of the O.A.P. 1 Owner's Policy is frequently subject to a deductible. The deductible does NOT apply to damage caused by which one (1) of the following perils? Falling objects. Hail. Theft of the entire automobile. Lightning.
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Transcribed Image Text:Insurance under "Section 7 - Loss or Damage Coverages" of the O.A.P. 1
Owner's Policy is frequently subject to a deductible. The deductible does
NOT apply to damage caused by which one (1) of the following perils?
Falling objects.
Hail.
Theft of the entire automobile.
Lightning.
ENG
11:23 AM
Transcribed Image Text:Which one (1) of the following statements is true regarding Statutory
Conditions in a Property policy?
It is dictated by government legislation.
It is set out in the RIB Act.
It is set by each individual insurer.
It is approved by the Insurance Bureau of Canada.
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