Results tagged “coverage”

Optional plans of Travel Insurance for Canadian

We can put optional coverages on top of the standard Plan Benefits.

Baggage
Choose either $1,000 or $1,500 to cover theft of or damage to, hour baggage, personal belongings, travel documents or currency. Each item, or group of related items, is covered up to $300 with a $50 deductible per claim. Up to $200 for emergency care for an injury to your accompanying cat or dog and up to $100 for repair or rental replacement of your wheelchair.

Accidental Death & Dismemberment
Either $25,000, $100,000 or $250,000 of coverage for accidental loss of life, limb, sight or disappearance during your trip other than while flying.

Flight Accident
Either $200,000 or $500,000 for accidental loss of life, limb, sight or disappearance resulting from an aircraft accident.

Trip Interruption
Coverage amounts of $800, $1,500 or $2,000 for the cost of one-way transportation home in the event of unexpected, insured events.

Rental Car Collision Damage Protection
Provides up to $50,000 for physical damage to an automobile rented from a commercial car rental agency.

Trip Cancellation

No-fault Auto insurance in Florida

The Florida Legislature has passed a bill to bring back the state's no-fault auto insurance system Jan. 1.

It is a good news for Florida residence. If any accidents happen, the people will be have been covered by Medical care and insurance company will pay the bill to hospital.

If this one is missing, the people may have not enough emergent fund to get proper treatment. Or, after treatment, he can not pay the bill of it.

I trust No-fault Auto Insurance should be included in the basic Auto Insurance coverage.


The bill to restore no-fault passed the House 105-4 early Friday and later in the day was passed unanimously by the Senate. Gov. Charlie Crist has indicated he will sign the bill into law

The system that expired Oct. 1 provided no-fault coverage for damage resulting from automobile accidents and required drivers to buy at least $10,000 in coverage, which covers medical expenses if they have no health insurance. State legislators failed to extend the law during the regular legislative session earlier this year, but the issue was added to the agenda of the special session that started this week.

Auto insurance companies favored the expiration of the system because it was riddled with fraud, but hospitals were worried that they wouldn't get paid for medical care provided to uninsured motorists.

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Do you need more coverage on Auto Insurance

In BC Canada, ICBC is the only insurance carrier for basic Auto insurance. Tne name of products is Autoplan.

Basic Autoplan makes sure all B.C. drivers have some insurance. But most B.C. motorists buy extra coverage for their vehicles, themselves, and equipment they've added to their vehicles. ICBC sells a variety of optional coverages to meet these needs.

More coverage for your vehicle
Collision
Comprehensive
Specified Perils
Vehicle in Storage
Limited Depreciation Coverage
Replacement Cost Coverage
Collector & Vintage vehicles

What is not covered by Third-Party Legal Liability?

1)Loss or damage to anyone's property carried in your vehicle

2)Loss or damage to property you own or rent (for example, your house)

3)Assessments, penalties or premiums owed under the Workers Compensation Act

4)Operation of attached equipment at a work site (for example, a crane attached to a truck)

Why Buy Travel Insurance?

There are hundreds of circumstances that could cause you to cancel your trip, return home early or force you to seek emergency medical treatment while traveling.

To demonstrate the importance of purchasing travel insurance, and emergency travel services, here are 10 common examples of what could go wrong.


1. It's 10 p.m. and your family arrives at the airport for a connecting flight, only to find that your flight has been cancelled. How do you get your family home?

2. Your traveling companion's bag was lost with his insulin inside. He needs help to locate his bag as soon as possible and his emergency prescription filled. Who do you call?

3. Your first visit to Europe, and your passport and wallet are stolen. Where do you turn for emergency cash, and how will you get your passport replaced?

4. Your spouse is involved in an accident and adequate medical treatment is not available. Who will help arrange and pay for a medical evacuation?

5. If your sister-in-law becomes seriously ill and you choose to cancel your trip, what happens to your non-refundable deposits or pre-payments?

6. You arrive in Jamaica and your luggage doesn't. If it's lost, who will help you find it? If it's delayed, who will pay for your necessities? If it's stolen, who will pay to replace it?

7. Your cruise line, airline or tour operator goes bankrupt. Who will pay for your non-refundable expenses? Who will help get you to your destination?

8. You're walking down a street in Rio and twist your ankle. Who can help you find an English-speaking physician?

9. Three weeks before your scheduled arrival, a terrorist incident occurs in the city to which you are planning to visit. Who will pay if you want to cancel your trip?

10. You are at a beach resort in North Carolina, and you are forced to evacuate due to an approaching hurricane. Who will help you evacuate and who will reimburse your lost vacation?

How do I insure my home business?

If you're running a business from your home, you may not have enough insurance to protect your business equipment. A typical homeowners policy provides only $2,500 coverage for business equipment, which is usually not enough to cover all of your business property. You may also need coverage for liability and lost income. Insurance companies differ considerably in the types of business operations they will cover under the various options they offer. So it's wise to shop around for coverage options as well as price.

Regardless of the type of policy you choose, if you're a professional working out of your home, you probably need professional liability insurance. Some types of in-home businesses, such as those that make or sell food products or sell home-made personal care products, may have to buy special policies.

To insure your business, you have three basic choices, depending on the nature of your business and the insurance company you buy it from. They are:

Basic Autoplan

Basic Autoplan is the minimum amount of insurance any vehicle must carry to legally operate in British Columbia. For more description, see Getting started with Basic Autoplan.

Generally, Basic Autoplan provides coverage to protect you as a person in five different ways:

Do I need business interruption insurance?

Business interruption insurance can be as vital to your survival as a business as fire insurance. Most people would never consider opening a business without buying insurance to cover damage due to fire and windstorms. But too many small businessowners fail to think about how they would manage if a fire or other disaster damaged their business premises so that they were temporarily unusable. Business interruption coverage is not sold separately. It is added to a property insurance policy or included in a package policy.

A business that has to close down completely while the premises are being repaired may lose out to competitors. A quick resumption of business after a disaster is essential.


Business interruption insurance compensates you for lost income if your company has to vacate the premises due to disaster-related damage that is covered under your property insurance policy, such as a fire. Business interruption insurance covers the profits you would have earned, based on your financial records, had the disaster not occurred. The policy also covers operating expenses, like electricity, that continue even though business activities have come to a temporary halt.


Make sure the policy limits are sufficient to cover your company for more than a few days. After a major disaster, it can take more time than many people anticipate to get the business back on track. There is generally a 48-hour waiting period before business interruption coverage kicks in.


The price of the policy is related to the risk of a fire or other disaster damaging your premises. All other things being equal, the price would probably be higher for a restaurant than a real estate agency, for example, because of the greater risk of fire. Also, a real estate agency can more easily operate out of another location.

How much homeowners insurance do I need?

You need enough insurance to cover the following:

1)The structure of your home.
2)Your personal possessions.
3)The cost of additional living expenses if your home is damaged and you have to live elsewhere during repairs.
4)Your liability to others.

Who Is Covered under supplementary health plan?

Supplementary plans typically provide coverage for the individual
who is a member, along with eligible dependents such as his/her spouse or partner and children under 19 (or older if they are full-time students or disabled).
Eligibility criteria vary, so check your plan for details.

Deductibles, Coinsurance and Maximums
Supplementary plans typically do not pay 100 per cent of eligible expenses.You may have to pay for a small amount of your expenses and those of any covered dependents at the beginning of each plan year, called a deductible.