1. Which of the following is true about pure no-fault insurance?

Select one:

a. It is the most cost effective insurance because there are no legal expenses.

b. You cannot sue the at-fault driver for pain and suffering and economic loss.

c. No one is deemed to be at fault when an accident occurs.

d. The dollar value of accident benefits is much lower.

2. Individual health insurance plans

Select one:

a. expire when you resign your employment.

b. have less expensive premiums.

c. are purchased directly through agents.

d. duplicate coverage offered by group plans

3. What is the main advantage of purchasing the "own occupation" disability income coverage?

Select one:

a. It provides benefits if you cannot perform the duties of any job that fits your education and experience.

b. It is the least expensive coverage that continues until age 65.

c. It allows individuals to work in another career and still collect their benefits.

d. It provides benefits if you cannot perform the duties of your profession and are not earning income elsewhere.

4. Which of the three main sections of auto insurance would pay for medical care for people who were injured in your automobile as a result of an accident that was your fault?

Select one:

a. Third party liability coverage

b. Insured automobile coverage

c. Accident benefits

d. Bodily injury liability coverage

5. Which of the following is the appropriate action to take in the event of an accident?

Select one:

a. As long as no one is injured, remain in place and contact your insurance company to come and document the specifics so they can determine fault.

b. Contact the police immediately and stay where you are regardless of how minor the accident was.

c. If possible, move your car out of traffic and collect information using an accident checklist.

d. If you feel the other driver might be guilty of a Criminal Code offence such as drunk driving, conduct a Citizen's arrest.