Term
| The liability coverages provided by the Homeowners Forms are also designed to be used with other habitational insurance Forms. Identify these other Forms. |
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Definition
-Homeowners Package Form
-Tenants Package Form
-Condominium Unit Owner Form
-Mobile HOmwoeners Form |
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Term
| State the four coverage Sections under Section II Liability Coverage. |
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Definition
Coverage E - Personal Legal Liability
Coverage F - Voluntary Medical Payments
Coverage G - Voluntary Payment for Damage to Property
Coverage H - Voluntary Compensation for Residence Employees |
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Term
| Provide a brief summary of the coverage provided by Insuring Agreement E. |
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Definition
| Designed to insure the legal liability of insureds as private citizens anywhere in the world. |
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Term
Discuss the coverage, limitations, and exceptions in respect of liability arising out of the following:
i)Owned watercraft
ii) Non-owned watercraft. |
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Definition
1) Coverage is provided for owned watercraft:
a) with an onboard motor of no more than 12kW (16 H.P.)
b) with another type of motor no more than 38 kW (50 H.P.)
c) non-motorized and no more than 8m in length.
2) Coverage is provided for insured's operation of non-owned watercraft, but only for their resulting liability, not for damage to such vehicles. |
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Term
| The liability coverages provided by the Homeowners Forms are not intended to insure injury or damage arising out of the insured's business activities. State three exceptions. |
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Definition
1) Personal action during the course of occupation not directly related to the job.
2)The rental of portions of your household to a maximum of 2 roomers/boarders.
3)Temporary or part-time business pursuits of an insured person under 21 years of age. |
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Term
| Provide a brief summary of the coverage provided by Insuring Agreement F. |
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Definition
| Provision for payment of medical expenses incurred within one year of the accident. |
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Term
| Provide a brief summary of the coverage provided by Insuring Agreement G. |
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Definition
| Voluntary payment for property damage unintentionally caused by insured for which they would not be legally liable. |
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Term
| Provide a brief summary of the coverage provided by Insuring Agreements H. |
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Definition
| Designed to provide private residence employees with limited benefits in the event of accidental injury/death working for the insured. |
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Term
Discuss the coverage, limitations, and exceptions in respect of liability arising out of the following:
i) Owned motorized vehicles
ii) Non-owned motorized vehicles |
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Definition
i) Coverage is provided for:
- self-propelled lawn-mowers, snowblowers, garden-type tractors, etc. of not more than 19 kW (25 H.P)
-Motorized golf carts not used on public roads by anyone under 16.
-Motorized wheelchairs and scooters for a person having a disability.
ii) Liability coverage is provided for non-owner motorized vehicles. |
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