Study 1
These 3 levels of gov't have laws that concern the operation of automobiles.
Federal, Provincial, Municipal
This is a civil wrong or harm committed against another person.
Tort
An unusual, fortuitous, unexpected, or unseen event of occurrence.
Accident
This is an indicator of a Staged Accident.
Either timing, location, vehicle, passenger or injury.
Money claimed by, or ordered to be paid, to a person as compensation for another's fault or negligence.
Damages
This insurance does not participate until all other similar insurance is exhausted.
Excess Insurance
This system allows people to be compensated by their own insurer for damage caused by a third party.
Direct Compensation System.
This benefit provides support for insds to participate in leisure activities they need extra help with following their accident.
Recreation Benefit
This is an example of a Medical Care Expense
Could be chiro, physio, massage
A motorist who may or may not be at fault for an accident but has fled the scene.
Unidentified motorist
An amendment added to a written document, particularly between parties, altering provisions.
Endorsement
A term used in auto and liability policies meaning physical injury, including sickness and disease, shock or death.
Bodily Injury
Is it true there are benefits under accident benefits for Students?
Yes, it is true.
This is the percentage full time earners are compensated up to, if unable to work after an auto accident.
90%
This is a fund used to pay losses arising out of auto accidents, in which there is no applicable insurance.
Unsatisfied Judgement fund
This is how many standard auto policy forms there are.
Seven
This is the minimum liability amount that needs to be purchased in BC.
$200,000
Methods used to deceive, to cause an unwarranted favorable decision, for ones own benefit.
Fraud
This benefit is provided to insureds 65 and older who are injured in an accident.
Retirement Income Benefit
These letters 'UMP' stand for what
Underinsured Motorist Protection
Any person covered by an insurance policy.
Insured.
Liability associated with very dangerous actions.
Absolute Liability
This person enlists others to act as "claimants" in a scheme to commit fraud.
Recruiter
These are injuries that severely impact or alter the injured persons life.
Catastrophic
An agreed specified amount the insd must pay on a claim before the insurance company will cover the rest.
Deductible