Registered Insurance Brokers of Ontario (RIBO) Practice Exam

Under Section 3: Liability coverage, the insured is entitled to what?

1. Out of pocket expenses for immediate medical aid.

2. Damage to the property in the care, custody and control of the insured.

3. Legal fees and legal representation, when suing an at-fault third party for a threshold injury.

4. $200,000 coverage under absolute liability provision, even if insured has contravened a term of the contract.

The correct answer is: Out of pocket expenses for immediate medical aid.

The correct answer is A. The insured is entitled to out of pocket expenses for immediate medical aid under Section 3 Liability coverage. Option B is incorrect because it refers to damage to property, not medical expenses. Option C is incorrect because it only covers legal fees and representation when suing a third party, not for immediate medical aid. Option D is incorrect because it refers to a specific monetary amount and conditions that may not apply to all policies.