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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Yes, damage caused by a fallen tree is typically covered under comprehensive insurance, as it falls under non-collision-related events, unless the insurer has specific exclusions for such situations.
Yes, candidates can self-study and register for CPCU exams without enrolling in courses, but structured study programs are recommended for better understanding and success.
Actuarial models in health insurance include incidence and prevalence models, claim cost models, and Markov models for chronic diseases. Actuaries use them to estimate claim frequency, healthcare utilization, and future medical expenses for pricing and reserving purposes.
Yes, you can add additional insureds, such as landlords, clients, or partners, to extend liability protection to them under specific circumstances. Additional insureds may be required in contracts.
No, subrogation does not affect the policyholder’s compensation. The insurer pays the claim first and later seeks reimbursement from the responsible third party.
Co-insurance requires the insured to share a percentage of the loss with the insurer, often used in health and property insurance. If the insured fails to maintain the required sum insured, they may receive reduced compensation, impacting full indemnification under the policy.
An insurance endorsement (or rider) is a modification to an existing policy that alters coverage terms, adds benefits, or excludes specific risks, providing customized protection for the policyholder.
Some insurers may accept partial payments during the grace period, but it depends on the terms of your policy. Check with your insurer for specific rules.
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.