Can an individual have more than one life insurance policy in Canada?

Answer Individuals in Canada can have more than one life insurance policy. Employees can participate in group plans at reduced rates through an employer, and some group policies extend supplemental insura... Read More »

Top Q&A For: Can an individual have more than one life insur...

Who has to give notice of conversion from group to individual life insurance policy?

Responsibility for notifying the group life insurance carrier of a desire to convert coverage to an individual policy falls on the shoulders of the terminated employee. It is not the employer's dut... Read More »

How long after recovery from an illness must you wait to get an individual insurance policy and have been covered by a group policy?

Answer It depends what the problem was. Answer Not only is the nature of the problem an issue, so is your choice of insurance company. Guidelines around these types of issues are generally not sta... Read More »

Can someone sue for more than your insurance policy?

You can be sued for much more than the coverage your insurance policies provide, so you should protect your assets by regularly reviewing your needs with your financial planner and insurance agent.... Read More »

Can you take out more than one renters insurance policy?

If the association fees are part of the obligations of your landlord under your lease agreement you could pay the fees directly, then deduct them from the rent, sending a letter to the landlord wit... Read More »