Kashi is a delivery truck driver in Winnipeg when he is involved in an automobile accident due to inclement weather. Kashi is covered by his short-term disability (STD) policy he took out in 2013. The benefit pays him 60% of his income, a monthly benefit of $2,700 at his salary of $54,000 in 2013. When Kashi makes his claim for benefits, he is now making $47,000 per year due to reduced hours. What is the MOST likely outcome?
a)		Kashi's benefit will be reduced to $2,350 per month.
b)		Kashi's benefit will be increased to $2,750 per month.
c)		Kashi's benefit will be capped at $2,700 per month.
d)		Kashi's benefit will be denied due to absence of loss.

Chang is a contractor who oversees high-end residential design and renovation projects. The business is owned by RenoMasters Inc. and while Chang is a minority shareholder, the shares of the company are widely held. Chang has also become a television personality on the Home and Garden Television (HGTV) network. Since Chang is instrumental to the company's success and the "star" of the HGTV series "RenoMasters", the company takes out an insurance policy to protect the company against the loss of Chang's services should Chang become disabled. What is the MOST likely outcome in this scenario?
a)		The policy will be for business overhead expense (BOE) insurance and Chang will be the beneficiary.
b)		The policy will be for key person insurance and the company will be the beneficiary.
c)		The policy will be for business overhead expense (BOE) insurance and the shareholders will be beneficiaries.
d)		The policy will be for key person insurance and Chang will be the beneficiary.

Svetlana (45) and Petro (43) are both employed and each have their own group benefit plan that provides family coverage. Svetlana’s birthday is in June and Petro’s is in December. The couple has one child, Tatiana, who is 7 years old. Both Svetlana and Petro’s group plans provide extended health benefits which include basic dental coverage. Svetlana’s plan has a $100 deductible on dental claims and Petro’s plan has a $50 deductible. In February, Tatiana has a routine check-up at her dentist. Which of the following CORRECTLY describes how their claims should be submitted to their respective insurers?
a)		Svetlana and Petro’s group plans will each cover half of the cost of the claim.
b)		The claim should be submitted to Petro’s plan first and any unpaid claims then submitted to Svetlana’s insurer.
c)		The claim should be submitted to Svetlana’s plan first and any unpaid claims then submitted to Petro’s insurer.
d)		The couple can choose to submit to Petro’s plan as the first payer because it has a lower deductible.