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Assurances Paul Duval

Insurance, Canada, Quebec, Montreal

Protecting what matters most with personalized insurance solutions and expert risk management services, Assurances Paul Duval is your trusted partner in safeguarding your future.

About Assurances Paul Duval

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Basics

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Founded
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Total Employees
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Main Office
Canada, Quebec, Montreal
Official Website
http://www.assurancespaulduval.ca
Location Address Official Phone Email
Canada, Quebec, Montreal Canada, Quebec, Montreal **** ****
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FAQs – Assurances Paul Duval

What types of businesses need property insurance?

Any business with physical assets, such as retail stores, restaurants, offices, warehouses, and manufacturing plants, should have property insurance. Even home-based businesses benefit from coverage, as standard homeowners' policies may not protect business assets fully.


Can reserves be used for other business expenses?

No, reserves are strictly designated for paying future claims and cannot be used for operational expenses, marketing, or executive salaries. Regulators monitor reserve usage to ensure compliance with financial stability requirements.


Are co-payments required for emergency room visits?

Emergency room visits often have higher co-pays, but some plans waive them if the patient is admitted to the hospital following the ER visit.


What is an Insurance Policy?

An insurance policy is a contract between the insurer and the policyholder that outlines the terms, conditions, and coverage provided. It defines the scope of protection, premiums, deductibles, exclusions, and the insurer's obligations in case of a claim.


What is enterprise risk management (ERM) in insurance?

ERM is a comprehensive approach that integrates risk management across an entire organization, considering all financial, operational, and strategic risks to enhance decision-making and performance.


How do I file a business interruption claim?

Report the claim to your insurer, provide financial records, document the closure, and submit evidence of lost income and expenses.


What is the cash value of a whole life insurance policy?

The cash value is a savings portion within the policy that grows over time on a tax-deferred basis. You can borrow against it, make withdrawals, or surrender the policy to receive the accumulated cash value. The growth rate is typically guaranteed, and it increases as premiums are paid.


Can a business insure the life of a key employee?

Yes, a business can insure the life of a key employee if the business has an insurable interest in the employee, such as the employee’s critical role or contribution to the company’s success.


Comprehensive Market Research

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