The correct answer is D because the basis for determining the amount of premium is not one of the statutory conditions . Statutory Conditions deal with policy obligations and rights such as disclosure, claims duties, and cancellation/termination procedures, not how the insurer calculates or prices the premium.

Ontario policy wording clearly shows that statutory conditions include topics such as misrepresentation , termination , and notice . In the OAP 1, the statutory conditions section specifically contains “Material Change in Risk,” “Termination,” and “Notice,” confirming that policy termination provisions are statutory in nature. The same statutory framework also includes duties after a loss, such as protecting insured property from further damage. For example, the OAP 1 requires the insured to do as much as is reasonably possible to protect the automobile from further damage after a loss, which reflects the classic statutory-condition concept of protection of property after loss.

That makes A , B , and C subjects commonly addressed by statutory conditions. D is different: premium determination belongs to underwriting and rating, not statutory conditions. From a RIBO exam perspective, this question tests whether you can distinguish policy conditions imposed by law from insurer pricing mechanics .