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Cautionnement Expert

Insurance, Canada, Quebec, Montreal

Cautionnement Expert specializes in providing surety bonds for construction projects, offering personalized service and expertise to meet all bonding needs.

About Cautionnement Expert

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Basics

Type
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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.cautionnement-expert.com
Location Address Official Phone Email
Canada, Quebec, Montreal Canada, Quebec, Montreal **** ****
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FAQs – Cautionnement Expert

Is there a deductible for liability insurance?

No, liability insurance generally does not have a deductible. It covers the damages up to the policy limits without requiring you to pay an out-of-pocket amount. However, other coverage types like comprehensive or collision may have a deductible.


How do insurers verify parametric insurance triggers?

Independent third-party data sources, such as weather agencies, seismic monitoring centers, or satellite data providers, confirm that an event met the predefined thresholds for payout eligibility.


What are the different types of captive insurance?

Common types include pure captives, group captives, association captives, rent-a-captives, and protected cell captives.


What is Lloyd’s of London’s future in the insurance industry?

Lloyd’s continues to lead in high-risk and specialty insurance, focusing on innovation, digitalization, and emerging threats. It is adapting to climate change, cyber risks, and global economic shifts to remain a cornerstone of the insurance industry.


Why is livestock insurance important for farmers?

It safeguards farmers against financial losses from livestock deaths, ensuring business continuity and stability, especially for those heavily reliant on livestock-based income.


How long does business interruption insurance coverage last?

The coverage lasts for a specific period, called the restoration period, which typically starts from the date of the covered loss and ends when the business resumes normal operations. This period is usually between 30 days and 12 months but can be extended through policy endorsements.


What are risk-based capital (RBC) requirements, and how do they relate to solvency ratios?

RBC requirements ensure insurers maintain sufficient capital relative to their risk exposure. Regulators use RBC formulas to assess financial health, and insurers with low RBC scores may face intervention to protect policyholders from potential insolvency.


Is the deductible amount refundable if I don’t file a claim?

No, the deductible is not refunded if you don’t file a claim. It is an out-of-pocket expense that applies when you need to make a claim.


Comprehensive Market Research

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