Registered Insurance Brokers of Ontario (RIBO) Practice Exam

The OPCF#44 Family Protection Coverage:

1. Applies to property damage caused by unidentified and uninsured motorists

2. Applies to a deductible to injury losses

3. Is a part of every Canadian owner's automobile policy

4. Allows an insured to recover up to the limit of his own policy

The correct answer is: Allows an insured to recover up to the limit of his own policy

The OPCF#44 Family Protection Coverage allows an insured to recover up to the limit of their own policy. This means that in the event of an accident caused by an uninsured or underinsured motorist, the insured's own policy will cover any damages up to the limit of coverage. It is important to note that this coverage is not mandatory in Canada, but can be added to an automobile policy for additional protection. Option A is incorrect because it only applies to property damage caused by unidentified and uninsured motorists, while the OPCF#44 coverage applies to both property damage and injury losses. Option B is incorrect because the OPCF#44 coverage does not provide a deductible to injury losses. Instead, the insured can recover up to the limit of their policy for both property damage and injury losses. Option C is incorrect because not every Canadian owner's automobile policy includes the OPCF#