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Desjardins Insurance

Insurance, Canada, Quebec, Montreal

Desjardins Insurance offers comprehensive insurance solutions with a personal touch, ensuring peace of mind for individuals and businesses alike.

About Desjardins Insurance

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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.desjardinsagents.com
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FAQs – Desjardins Insurance

Can adverse selection be completely eliminated?

It can be minimized but not entirely eliminated. Strategies like risk assessments, legal mandates, and subsidies help balance risk pools. However, as long as individuals have private information about their risks, some level of adverse selection will persist.


What is the Financial Conduct Authority (FCA)?

The FCA is a regulatory body in the UK responsible for overseeing financial markets, including insurance companies, to ensure fair treatment of consumers and market integrity.


What is Protection and Indemnity (P&I) insurance?

P&I insurance covers third-party liabilities for shipowners, including crew injuries, pollution, cargo damage, and wreck removal. It is typically provided by P&I clubs, which are mutual insurance associations offering extensive liability coverage.


How does Medicare handle coverage for pre-existing conditions?

Medicare covers pre-existing conditions with no restrictions or waiting periods. You are eligible for full benefits regardless of any medical conditions when enrolling in Medicare.


Can small businesses benefit from parametric insurance?

Yes, small businesses can benefit by using parametric insurance for quick financial support in case of a disaster, helping them recover faster without extensive paperwork.


How do consumer protection laws regulate insurance policy terms?

These laws require insurers to provide policyholders with clear and understandable contract terms, free from hidden clauses or misleading wording. They ensure that policies clearly define coverage limits, exclusions, premium costs, and conditions for claim approval or denial.


Are there any prerequisites for CPCU?

There are no formal prerequisites, but a strong understanding of insurance concepts is beneficial. Some candidates may take foundational courses before starting CPCU coursework.


Can weather-related agricultural insurance cover both crops and livestock?

Yes, many policies can cover both crops and livestock, providing comprehensive protection against various weather-related risks that could affect both types of agricultural activities.


Comprehensive Market Research

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