Which property is NOT insured under All Perils Coverage in Manitoba's Autopac Program?

Prepare for the Manitoba IBAM Fundamentals of Insurance Exam. Use our quiz with multiple-choice questions, each offering hints and explanations. Get set to ace your exam!

All Perils Coverage under Manitoba's Autopac Program is designed to provide extensive protection for motor vehicles and some contents, but it does have limitations when it comes to personal items. In this context, while an automobile and factory-installed equipment like a tape deck are typically covered, personal items such as CDs and tools do not fall under this extensive coverage.

When considering the specifics of coverage, the key aspect is that All Perils Coverage usually includes protection for the vehicle itself and permanently attached accessories, like a tape deck. However, personal items that are not permanently affixed to the vehicle, such as a CD being played, are excluded from this coverage. Therefore, if a CD is stolen from the player, it would not be covered under All Perils Coverage, making this the correct answer.

In contrast, the other options represent items that have a clearer connection to the vehicle coverage provided by Autopac, either as part of the vehicle itself or as permanently attached equipment. This distinction is important for understanding the boundaries of coverage in the Autopac program.

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