RIBO Chapter 5 C81 notes (Automobile
Insurance)
Plaintiff - ANS-One who brings a lawsuit against another (the defendant)
Defendant - ANS-One who has a lawsuit against them S.
SPF1 - ANS-Standard Automobile Policy - owners form is the forerunner of all other
Automobile policies. Today may be named differently, but the basic elements of
coverage are the same.
Three ways Automobile policies are marketed in Canada - ANS-1. Independent
agents/brokers
2. Direct writers in their captive agency system
3. Provincial government crown corporations
Provinces with direct writing and independent agents/brokers - ANS-Alberta, New
Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, PEI,
Yukon
Provinces with compulsory monopolistic government insurance plans providing basic
coverage - ANS-B.C., Manitoba, Saskatchewan - premiums paid when vehicle license is
purchased
Provinces with no fault plans - ANS-Ontario, Quebec, New Brunswick, Manitoba and
Saskatchewan
Extension policies - ANS-Provides coverage over and above that provided by the basic
compulsory government plan s. They are often used to increase limits and/or to reduce
deductibles. They may be issued by a government insurer or private insurers.
Driver's Abstract - ANS-A record of an individual's driving convictions which insurers
may obtain from provincial motor vehicle departments.
ATIMA - ANS-As The Interests May Appear - establishes insurable interest
Insurance)
Plaintiff - ANS-One who brings a lawsuit against another (the defendant)
Defendant - ANS-One who has a lawsuit against them S.
SPF1 - ANS-Standard Automobile Policy - owners form is the forerunner of all other
Automobile policies. Today may be named differently, but the basic elements of
coverage are the same.
Three ways Automobile policies are marketed in Canada - ANS-1. Independent
agents/brokers
2. Direct writers in their captive agency system
3. Provincial government crown corporations
Provinces with direct writing and independent agents/brokers - ANS-Alberta, New
Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, PEI,
Yukon
Provinces with compulsory monopolistic government insurance plans providing basic
coverage - ANS-B.C., Manitoba, Saskatchewan - premiums paid when vehicle license is
purchased
Provinces with no fault plans - ANS-Ontario, Quebec, New Brunswick, Manitoba and
Saskatchewan
Extension policies - ANS-Provides coverage over and above that provided by the basic
compulsory government plan s. They are often used to increase limits and/or to reduce
deductibles. They may be issued by a government insurer or private insurers.
Driver's Abstract - ANS-A record of an individual's driving convictions which insurers
may obtain from provincial motor vehicle departments.
ATIMA - ANS-As The Interests May Appear - establishes insurable interest
