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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If no nominee is mentioned, the death benefit is paid to the legal heir of the deceased policyholder as per the insurance company’s guidelines or as per succession laws. It is always advisable to nominate a beneficiary to ensure a hassle-free claim settlement process.
Yes, if a loss falls under an exclusion, the insurer has the right to deny the claim. Policyholders can dispute denials by providing additional evidence or seeking legal assistance.
On-demand insurance can supplement traditional insurance, but it may not fully replace long-term coverage for comprehensive or permanent needs, such as life or health insurance.
Depending on the type of insurance, indemnity coverage can include damages from natural disasters, such as floods, earthquakes, or storms. However, certain policies may exclude specific natural disasters unless additional coverage is purchased.
Coverage amounts vary, but it’s recommended to have at least $100,000 in emergency evacuation benefits, especially for travel to remote areas or countries with expensive healthcare.
The application process varies but typically involves submitting an online or paper application through a government agency. Applicants may need to provide proof of income, residency, or citizenship. Some programs automatically enroll eligible individuals, such as newborns or retirees.
Liability insurance typically covers bodily injury and property damage caused by the policyholder. This includes legal defense fees, court costs, medical bills, lost wages for injured parties, and settlements or judgments awarded by the court.
On-demand insurance allows customers to activate coverage for specific durations, such as travel, rental cars, or freelancers, providing flexible and cost-effective protection.
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.