Comprehensive Market Research
Get in-depth market research for Insurance companies in Canada, Quebec, Montreal. Our experts analyze trends, gather valuable insights, and identify key opportunities to drive your business growth.
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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.
Yes, hospitalization due to accidents, including overnight stays for monitoring or post-surgery recovery, is typically covered by accident insurance.
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.
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.
AI uses structured and unstructured data, including customer demographics, medical records, financial history, social media activity, IoT device data, and historical claims information.
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.
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.
Yes, collision insurance covers vehicle damage caused by hitting potholes or other road hazards.
Get in-depth market research for Insurance companies in Canada, Quebec, Montreal. Our experts analyze trends, gather valuable insights, and identify key opportunities to drive your business growth.