OTL AUTO CHAPTER 10 questions with
complete solutions graded A+
Which endorsement is applied when a vehicle is rated on a predetermined value that limits the
total amount payable in a claim? - correct answer ✔✔OPCF 19 Limiting the Amount Paid for
Loss or Damage Coverages
What coverage remains in effect when the insured adds the OPCF 16—Suspension of Coverage
endorsement? - correct answer ✔✔DCPD; Accident Benefits; Third Party Liability; and Fire,
Theft and Vandalism
What vehicle is considered a non-owned automobile under the OAP 2? - correct answer
✔✔One that is in the care, custody, or control of the insured, but is not operated by the insured
What documentation do lienholders receive under the OPCF 23 endorsements? - correct
answer ✔✔Copy of the endorsement as evidence of coverage
How many OAP 2—Driver's Automobile Policies are issued compared to OAP 1—Owner's
Automobile Policies? - correct answer ✔✔Relatively few
What is NOT a function of the OPCF 6B—School Bus Coverage? - correct answer ✔✔Gives
specific coverage for bodily injury to passengers and damage to their property
Why would an insurer request an endorsement to restrict coverage? - correct answer
✔✔Reduce risk
Under OAP 1, which endorsement is used to remove a named individual from most coverage? -
correct answer ✔✔OPCF 28A Excluded Driver
, What endorsement should an individual purchase if they operate a government-owned vehicle
as part of their employment? - correct answer ✔✔OPCF 3—Government Owned Automobile
Peter emails his broker/agent to request a reduction to the third-party liability limit on his
automobile policy (from $500,000 to $100,000). Why would Peter's request be refused? -
correct answer ✔✔Liability limits cannot be purchased below the mandatory minimum of
$200,000 in Ontario.
Which endorsement series is NOT considered a buyback endorsement? - correct answer
✔✔OPCF 19 Series: Amount Paid
What form is used to vary the terms of the standard OAP 1? - correct answer ✔✔Endorsement
Under what circumstance would OPCF 43—Removing Depreciation Deduction endorsement be
added to an automobile policy? - correct answer ✔✔Insured purchases a new vehicle and
wants to protect the full value of the vehicle for a prescribed period of time.
Amir will lease a new vehicle. What endorsement must be added to his OAP 1? - correct answer
✔✔OPCF 5 Permission to Rent or Lease Automobiles & Extending Coverage to Specified
Lessee(s)
What are some of the changes that would require the use of OPCF 25A? - correct answer
✔✔Change of address, deletion of vehicle, addition of coverage
ABC Golf Resort uses a seven-passenger van to pick up and deliver guests, their luggage and
clubs, to and from the airport. What endorsement is added to the OAP 1 to insure this risk?
a. OPCF 6B School Bus
b. OPCF 6A Taxis, Private Buses, Carpooling Arrangements
c. OPCF 6F Public Passenger Vehicles
complete solutions graded A+
Which endorsement is applied when a vehicle is rated on a predetermined value that limits the
total amount payable in a claim? - correct answer ✔✔OPCF 19 Limiting the Amount Paid for
Loss or Damage Coverages
What coverage remains in effect when the insured adds the OPCF 16—Suspension of Coverage
endorsement? - correct answer ✔✔DCPD; Accident Benefits; Third Party Liability; and Fire,
Theft and Vandalism
What vehicle is considered a non-owned automobile under the OAP 2? - correct answer
✔✔One that is in the care, custody, or control of the insured, but is not operated by the insured
What documentation do lienholders receive under the OPCF 23 endorsements? - correct
answer ✔✔Copy of the endorsement as evidence of coverage
How many OAP 2—Driver's Automobile Policies are issued compared to OAP 1—Owner's
Automobile Policies? - correct answer ✔✔Relatively few
What is NOT a function of the OPCF 6B—School Bus Coverage? - correct answer ✔✔Gives
specific coverage for bodily injury to passengers and damage to their property
Why would an insurer request an endorsement to restrict coverage? - correct answer
✔✔Reduce risk
Under OAP 1, which endorsement is used to remove a named individual from most coverage? -
correct answer ✔✔OPCF 28A Excluded Driver
, What endorsement should an individual purchase if they operate a government-owned vehicle
as part of their employment? - correct answer ✔✔OPCF 3—Government Owned Automobile
Peter emails his broker/agent to request a reduction to the third-party liability limit on his
automobile policy (from $500,000 to $100,000). Why would Peter's request be refused? -
correct answer ✔✔Liability limits cannot be purchased below the mandatory minimum of
$200,000 in Ontario.
Which endorsement series is NOT considered a buyback endorsement? - correct answer
✔✔OPCF 19 Series: Amount Paid
What form is used to vary the terms of the standard OAP 1? - correct answer ✔✔Endorsement
Under what circumstance would OPCF 43—Removing Depreciation Deduction endorsement be
added to an automobile policy? - correct answer ✔✔Insured purchases a new vehicle and
wants to protect the full value of the vehicle for a prescribed period of time.
Amir will lease a new vehicle. What endorsement must be added to his OAP 1? - correct answer
✔✔OPCF 5 Permission to Rent or Lease Automobiles & Extending Coverage to Specified
Lessee(s)
What are some of the changes that would require the use of OPCF 25A? - correct answer
✔✔Change of address, deletion of vehicle, addition of coverage
ABC Golf Resort uses a seven-passenger van to pick up and deliver guests, their luggage and
clubs, to and from the airport. What endorsement is added to the OAP 1 to insure this risk?
a. OPCF 6B School Bus
b. OPCF 6A Taxis, Private Buses, Carpooling Arrangements
c. OPCF 6F Public Passenger Vehicles
