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Beyond Insurance Inc.

Insurance, Canada, Ontario, Toronto

Beyond Insurance Inc. specializes in innovative commercial insurance solutions, risk management consulting, and employee benefits to protect businesses and their employees.

About Beyond Insurance Inc.

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
Canada, Ontario, Toronto
Official Website
http://www.beyondinsurance.ca
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FAQs – Beyond Insurance Inc.

Why do insurance premiums increase as I age?

Premiums tend to increase with age due to a higher likelihood of illness or accidents. Older individuals are considered higher-risk policyholders, so insurers adjust the premium to reflect this increased risk.


Does homeowners insurance cover accidental damage to a neighbor’s property?

Yes, if you or a household member accidentally damage a neighbor’s property (e.g., a tree falls on their roof), liability coverage can help pay for repairs or replacement costs.


How does facultative reinsurance differ from treaty reinsurance?

Facultative reinsurance is policy-specific and negotiated separately, while treaty reinsurance is a broader agreement covering multiple policies within an insurer’s portfolio.


What is the Lloyd’s of London connection to E&S insurance?

Lloyd’s of London is a major player in the E&S insurance market, providing coverage for unique and high-risk exposures worldwide. Many surplus lines brokers access Lloyd’s syndicates to place specialty risks that traditional insurers won’t cover.


What happens if I drive poorly under a UBI plan?

If risky driving behaviors are detected, your premium could increase or you may lose discounts. Some insurers provide feedback to help improve driving habits before adjusting rates.


What is the role of underwriting in auto insurance?

Auto insurance underwriting considers driving history, vehicle type, location, usage, past claims, and other risk factors to determine policy pricing.


How can I appeal a denied LTD claim?

If your claim is denied, you can file an appeal within the required timeframe (usually 180 days). Provide additional medical evidence, doctor statements, and legal support if necessary. Many people hire an attorney to strengthen their appeal.


How does underwriting affect my insurance premium?

Underwriting evaluates the risk associated with the insured party or asset. If the risk is high, the premium is typically higher. A lower-risk individual or property may result in a lower premium.


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