Critical illness is something nobody would want to encounter. As long as the probability of falling ill is there all the time, it is necessary that we take precautions so that you’re able to manage effectively the adverse financial implications of a hypothetical issue. And that is why there are over half a million such policies active across Canada.
4 Comments
Today, we will discuss three types of insurance accessible to all of us that are subject to myths or remain mostly unkown. This short list should give you an idea of what’s available out there in the market.
Even though someone survives a stroke, it does not yet disqualify her or him from acquiring an insurance plan.
There has been another piece of good news for an insurer among the many depressing economic reports as A.M. Best Co. kept the financial strength assessment of BMO Life Assurance Company (BMO Life), reinforcing the rating at an “A”, or “Excellent”. Moreover, BMO Life’s issuer credit rating was also sustained at an “a”. Better yet, the prospects for BMO Life were said to be stable, taking into account the reports and other publicly available information on Bank of Montreal and BMO Life.
“Since when do insurers worry about changing climate?” you might ask. If so, you should ask RSA Insurance Group plc, a leading insurance company headquartered in the UK. RSA in Canada focuses especially on marine insurance, but the concept they are demonstrating is will have significant effects across the whole insurance field, even for non-medical life insurance.
|
AuthorLorne S. Marr, president of LSM Insurance. 17 years of experience in insurance business. Archives
January 2012
Categories
All
|