Registered Insurance Brokers of Ontario (RIBO) Exam 2026 – 400 Free Practice Questions to Pass the Exam

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Lawsuits for Non-Economic Loss due to an automobile accident are subject to what deductible for the claimants under the Family Law Act?

A. $15,000 per person deductible.

B. $10,000 per occurrence deductible.

C. $25,000 per occurrence deductible.

D. $30,000 per person deductible.

Lawsuits for Non-Economic Loss due to an automobile accident under the Family Law Act are subject to a deductible, meaning that the claimants are responsible for paying a portion of the damages before the insurance company will cover the remaining costs. The deductible for such claims is $30,000 per person, which means that each individual involved in the accident will need to pay this amount before their non-economic losses can be covered.

Options A, B, and C are incorrect because they state different deductible amounts which do not match the amount specified in the question. This shows that the deductibles mentioned in these options are not applicable to the type of claim mentioned in the question. Therefore, they can be eliminated as potential correct answers.

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