Insurance

Your annual premiums may be higher than they need to be if you live in certain areas of Canada.

Girly Girl asked:


I am in the process of filing an auto insurance claim (it wasn’t an accident, but I did cause some damage to my car due to icy road conditions; I hit a curb).
Now, when do premiums usually go up? At next renewal, or immediately?

x700 asked:


which one is not a major factors affecting the cost of disability income insurance premiums?
age, waiting period, place of residence, or amount of salary to be replaced?

I was thinking of place of residence because I don’t think the place where you are living will increase your possibility of claiming the insurance. Do you think it is the right one?

Nicole V asked:


no up front or monthly premiums, all deducted from payout…is this normal…i have a good agent and he says it is legal and approved ? is it?

sun4ever asked:


She works full time but her employer charges an outrageous amount of money for health insurance. I know there are many many young people who don’t have health insurance, mostly because of the cost of high insurance premiums. But my daughter really needs it cause she has some health issues that will stay with her for a lifetime.
thanks everyone!