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Club Assurance

Insurance, Canada, Quebec, Montreal

Club Assurance offers comprehensive insurance solutions for individuals and businesses, providing peace of mind and financial protection in an ever-changing world.

About Club Assurance

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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.clubassurance.ca
Location Address Official Phone Email
Canada, Quebec, Montreal Canada, Quebec, Montreal **** ****
LinkedIn https://linkedin.com/company/**** Get In Touch With Decision Makers
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Instagram https://instagram.com/**** Get In Touch With Decision Makers
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FAQs – Club Assurance

Is terrorism covered under standard insurance policies?

Most insurance policies exclude acts of terrorism. However, businesses can purchase terrorism insurance separately. Homeowners may need to check with their insurer to see if terrorism coverage is included or available as an add-on.


How is on-demand insurance different from traditional insurance?

On-demand insurance is more flexible and short-term compared to traditional insurance, which typically involves long-term commitments and fixed coverage terms. On-demand policies are customizable and can be paused or canceled.


How does indemnity apply in construction contracts?

In construction contracts, indemnity clauses protect parties from financial losses due to negligence, property damage, or legal claims. Contractors, subcontractors, and property owners use indemnity provisions to allocate responsibility for accidents, defects, and liabilities arising during construction projects.


Do I have to pay taxes on short-term disability benefits?

If your employer pays the premiums, benefits are taxable. If you pay for the policy with after-tax dollars, benefits are generally tax-free. Consult a tax professional for specifics.


Can I borrow against the cash value of my universal life insurance policy?

Yes, policyholders can take loans against the cash value, but unpaid loans may reduce the death benefit or cause the policy to lapse if not repaid.


Can I purchase liability insurance for personal use?

Yes, personal liability insurance is available for individuals. It covers incidents where you are legally responsible for injury or damage caused to others, such as accidents in your home or while engaging in certain activities.


How is insurtech changing traditional insurance models?

Insurtech startups are introducing new business models, leveraging AI, blockchain, and big data to disrupt traditional insurance processes, making coverage more accessible, affordable, and personalized.


Does the NAIC have legal authority?

The NAIC itself does not have legal authority, but its guidelines influence state laws, which are enforced by state insurance regulators.


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