RIBO’s Consolidated Examinee Resource - OAP 1 - Study and Exam Preparation Policies

Sep 18, 2026

Consolidated exam preparation resource compiling key insurance policies, by-laws, and regulations associated with RIBO. Includes Ontario Automobile Policy sections such as covered automobiles, liability coverage, accident benefits, uninsured automobile coverage, direct compensation property damage, optional coverages, and statutory conditions. Provides By-Law No. 1 and By-Law No. 2 material, covering interpretations, general provisions, financial matters, members, meetings, the council, committees, officers, conflict of interest and confidentiality, notices, amendments, transition provisions, and effective date and repeal. Publication date is May 1, 2026.

LanguageEnglish

CategoryExam

FormatPDF

Pages167

Reading Time7 h 1 min

AccessFree to download

ONTARIO AUTOMOBILE POLICY

SECTION 1-INTRODUCTION

SECTION 2-WHAT AUTOMOBILES ARE COVERED

SECTION 3-LIABILITY COVERAGE

SECTION 4-ACCIDENT BENEFITS COVERAGE

SECTION 5-UNINSURED AUTOMOBILE COVERAGE

SECTION 6-DIRECT COMPENSATION–PROPERTY DAMAGE COVERAGE

SECTION 7-LOSS OR DAMAGE COVERAGES (OPTIONAL)

SECTION 8-STATUTORY CONDITIONS

BY-LAW NO. 1

ARTICLE 1 INTERPRETATION

ARTICLE 2 GENERAL PROVISIONS

ARTICLE 3 FINANCIAL MATTERS

ARTICLE 4 MEMBERS

ARTICLE 5 MEETINGS OF THE MEMBERS

ARTICLE 6 THE COUNCIL

ARTICLE 7 THE COUNCIL COMMITTEES

ARTICLE 8 THE COUNCIL MEETINGS

ARTICLE 9 OFFICERS

ARTICLE 10 CONFLICT OF INTEREST AND CONFIDENTIALITY

ARTICLE 12 NOTICE

ARTICLE 13 AMENDMENTS

ARTICLE 14 TRANSITION PROVISIONS

ARTICLE 15 EFFECTIVE DATE AND REPEAL

BY-LAW NO. 2

RIBO’s Consolidated Examinee Resource: OAP 1, By-Laws No. 1, No. 2, No. 3, RIB Act, Ontario Regulation 308/98, 990, and 991 Disclaimer: We provide high-level policies and resources to study and prepare for the exam. The list is not exhaustive. Candidates should refer to the Level 1 Entry Level Broker Competency Profile and Blueprint for a detailed list of study materials under the Supporting Knowledge column. The document provided herein consolidates various policies and regulations for the convenience of examinees during the exam. Please note that certain formatting choices have been made to ensure the document is cohesive and accessible. These formatting adjustments may differ from the original documents, but the information has not been altered. While efforts have been made to ensure the accuracy and completeness of this consolidation, the Registered Insurance Brokers of Ontario (RIBO) does not assume responsibility for any errors, omissions, or inaccuracies in the content. Examinees are advised to consult the original sources of policies and regulations for comprehensive and authoritative information. RIBO cannot be held liable for any reliance on this consolidated document and recommends verifying details with the relevant regulatory sources. Publication Date: May 1, 2026 Contents ONTARIO AUTOMOBILE POLICY ..................................................................................................................................... 1 SECTION 1-INTRODUCTION ................................................................................................................................................ 1 SECTION 2-WHAT AUTOMOBILES ARE COVERED ............................................................................................................. 10 SECTION 3-LIABILITY COVERAGE ....................................................................................................................................... 18 SECTION 4-ACCIDENT BENEFITS COVERAGE ....................................................................................................................... 24 SECTION 5-UNINSURED AUTOMOBILE COVERAGE ........................................................................................................... 29 SECTION 6-DIRECT COMPENSATION–PROPERTY DAMAGE COVERAGE .................................................................................... 37 SECTION 7-LOSS OR DAMAGE COVERAGES (OPTIONAL) .......................................................................................................... 43 SECTION 8-STATUTORY CONDITIONS .................................................................................................................................... 53 BY-LAW NO. 1 ............................................................................................................................................................... 1 BY-LAW NO. 1 ....................................................................................................................................................................... 2 ARTICLE 1 INTERPRETATION ................................................................................................................................................. 2 ARTICLE 2 GENERAL PROVISIONS ......................................................................................................................................... 5 ARTICLE 3 FINANCIAL MATTERS ........................................................................................................................................... 6 ARTICLE 4 MEMBERS ............................................................................................................................................................ 7 ARTICLE 5 MEETINGS OF THE MEMBERS ............................................................................................................................. 9 ARTICLE 6 T

FAQs

What is the purpose of this consolidated examinee resource?

It consolidates multiple RIBO-related policies and regulations to help examinees study for the exam. It is intended as a convenient reference for preparation.

Does the document replace the original legal or regulatory sources?

No. Examinees are advised to consult the original sources for comprehensive and authoritative information, and to verify details with relevant regulatory sources.

What topics are covered under the Ontario Automobile Policy sections?

It includes sections on introductions and coverage scope, liability coverage, accident benefits, uninsured automobile coverage, direct compensation property damage coverage, optional loss or damage coverages, and statutory conditions.

Sep 18, 2026

Uploaded by Emma Mercer