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What is the minimum limit that an automobile policy must carry for third party liability in Ontario?

What is the minimum limit that an automobile policy must carry for third party liability in Ontario?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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What is the minimum limit that an automobile policy must carry for third party liability in Ontario? OA) $1,000,000 OB) $500,000 OC) $200,000 OD) $100,000
Transcribed Image Text:What is the minimum limit that an automobile policy must carry for third party liability in Ontario? OA) $1,000,000 OB) $500,000 OC) $200,000 OD) $100,000
Language: English Français OD) Flood. Font Size: Insurance under Section 7 of O.A.P. 1 Owner's Policy, Loss or Damage Coverages, is usually subject to a deductible. The deductible does NOT apply to damage caused by which one (1) of the following perils? OA) Vandalism. B) Lightning. C) Windstorm.
Transcribed Image Text:Language: English Français OD) Flood. Font Size: Insurance under Section 7 of O.A.P. 1 Owner's Policy, Loss or Damage Coverages, is usually subject to a deductible. The deductible does NOT apply to damage caused by which one (1) of the following perils? OA) Vandalism. B) Lightning. C) Windstorm.
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