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Assurance Poirier

Insurance, Canada, Quebec, Montreal

Assurance Poirier provides comprehensive insurance solutions for individuals and businesses, ensuring peace of mind and financial security. Our personalized approach sets us apart.

About Assurance Poirier

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Basics

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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, Quebec, Montreal
Official Website
http://www.assurancepoirier.com
Location Address Official Phone Email
Canada, Quebec, Montreal Canada, Quebec, Montreal **** ****
LinkedIn https://linkedin.com/company/**** Get In Touch With Decision Makers
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FAQs – Assurance Poirier

What penalties can IRDAI impose on insurers for non-compliance?

IRDAI can impose fines, revoke licenses, issue warnings, or restrict business operations if insurers violate regulations. Penalties vary depending on the severity of the non-compliance, ensuring insurers adhere to ethical and financial standards.


Do accident-only plans include coverage for hospitalization?

Yes, hospitalization due to accidents, including overnight stays for monitoring or post-surgery recovery, is typically covered by accident insurance.


Does Medicare cover telehealth services?

Yes, Medicare covers telehealth visits for doctor consultations, mental health services, and chronic care management. Coverage expanded during COVID-19 and continues for various services, including virtual check-ins and e-visits, with standard Part B cost-sharing.


How does moral hazard impact insurance premiums?

Increased moral hazard leads to higher claim payouts, which in turn causes insurance companies to raise premiums to cover their costs. Responsible behavior by policyholders helps keep premiums more affordable for everyone.


What types of data does AI use in underwriting?

AI uses structured and unstructured data, including customer demographics, medical records, financial history, social media activity, IoT device data, and historical claims information.


What are consumer protection laws in insurance regulation?

These laws mandate fair contract terms, transparent disclosure of policy details, and fair claims settlement. They also prohibit misleading advertisements and unfair denials of claims, ensuring consumers receive what they pay for.


How does Marine Liability Insurance handle legal defense costs?

Marine Liability Insurance often covers legal defense costs, including attorney fees, court costs, and settlements, when the insured is sued for accidents, damages, or injury involving their vessel.


Will collision insurance cover my car if I hit a pothole?

Yes, collision insurance covers vehicle damage caused by hitting potholes or other road hazards.


Comprehensive Market Research

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