Search results
Results from the WOW.Com Content Network
Payment protection insurance (PPI), also known as credit insurance, credit protection insurance, or loan repayment insurance, is an insurance product that enables consumers to ensure repayment of credit if the borrower dies, becomes ill, disabled, loses a job, or faces other circumstances that may prevent them from earning income to service the debt.
The Express Elite Term 20 or 30 Insurance is a no medical product available up to $750,000 and targeted to healthy adults between 18 and 60 years of age. [26] In April 2020, Canada Protection Plan launched the Cardiac/Cancer Protect CI series of plans, which provides insurance coverage in the event of a critical illness.
Desjardins General Insurance (DGI) is the P&C insurance subsidiary of Desjardins General Insurance Group, itself a subsidiary of Desjardins Group.The brand is sister with Desjardins Financial Security, and both of them regroup under the banner of Desjardins Insurance.They now serve customers in three provinces of Canada: Quebec, Alberta and Ontario. [1]
In the post-war environment, they merged under a common name of Desjardins Insurance. In 2015, Desjardins Insurance acquired the Canadian operations of U.S. based insurer State Farm, [1] which made Desjardins the second largest property and casualty insurer in Canada and the largest in Ontario. [2]
Covering a short-term debt: If you’re working to pay off debt, a short-term life insurance policy may provide peace of mind until it’s paid in full. If you pass away during that period of time ...
As of 2014, it had about 1.6 billion in mutual policyholder's equity. It is the 9th largest property and casualty insurance company in Canada, by direct written premium and the 20th largest insurance company in Canada, by total assets. [3] The firm owns several operating subsidiaries, the largest of which is Economical Mutual Insurance Company.
The policy term is the period that an insurance policy provides coverage. Many policies have a one-year term (365 days) but other terms both longer and shorter are used. Policy terms can be for any length of time and can be for a short period when the period of risk is also short or can be for multi-year periods.
This paved the way for writing insurance for many farm equipment dealers during the next few years. On January 1, 1948, Federated Mutual entered the casualty insurance field, and was one of the first major insurance companies to write both fire and casualty insurance. This brought a tremendous boost to the growth and development of the Canadian ...