Which coverage under the Ontario Auto Policy (OAP 1) applies to the damage to the vehicle in not at fault accidents? Loss or Damage Coverage. Direct Compensation - Property Damage Coverage. All perils Coverage. Uninsured Automobile Coverage. Brea. 4) ENG 12:15 PM 2024-02-20
Which coverage under the Ontario Auto Policy (OAP 1) applies to the damage to the vehicle in not at fault accidents? Loss or Damage Coverage. Direct Compensation - Property Damage Coverage. All perils Coverage. Uninsured Automobile Coverage. Brea. 4) ENG 12:15 PM 2024-02-20
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Transcribed Image Text:Which coverage under the Ontario Auto Policy (OAP 1) applies to the damage to
the vehicle in not at fault accidents?
Loss or Damage Coverage.
Direct Compensation - Property Damage Coverage.
All perils Coverage.
Uninsured Automobile Coverage.
POS
MA
Brea.
12:15 PM
4) ENG 2024-02-20
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Transcribed Image Text:Brokers may bind risks in accordance with the terms of their Company-Broker
agreements. Which one (1) of the following statements about Cover Notes or
Binders is correct?
Binders may be oral or written.
Only written binders are legal.
All binders expire automatically seven days after their effective.
Binders only become effective after a premium is paid for them.
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