Insurance Policy On Bodily Injury Coverage
| Insurance is absolutely necessary if you drive a car. In the event of your having an accident, the damages could be prohibitive, so economizing on vehicle insurance is a dangerous game leaving you vulnerable. Most states have made it mandatory to carry at least third-party cover.
This means that should you be responsible for an accident, your insurance company is liable to pay damages to anyone else involved as a result of your accident. This covers not merely bodily harm but includes property damage as well. In insurance parlance, such a policy is known by an 'a/b notation' where ‘a’ represents the coverage per person in thousands of dollars and ‘b’ the coverage per accident in the same units.
In your policy bodily injury relates to the amount of coverage you have, to compensate a third party for injuries sustained in an accident as a consequence of your fault. More...
Employment Insurance And Injury Disability Claim
Employment Insurance in Canada provides temporary financial relief to those who are between jobs, upgrading skills, are away from work for various reasons such as illness, childbirth, parenting or nursing a critically ill person at home. It also covers those who are unemployed through no fault of theirs such as a layoff.
To be eligible to make a claim, you must qualify by having worked a minimum of 420 to 700 insurable hours depending on where you reside. The period for which you receive benefits can range from 14 to 45 weeks depending on various factors. The quantum of benefit is 55 percent of your average insured earnings with a ceiling insurable limit of $ 42,300. The prevailing rate of premium in Canada is 1.73 percent up to the maximum limit mentioned above. More...
Research On Related Injury Insurance
Related injury insurance may be classified as Accidental Injury insurance and sometimes accident Health insurance. Given the statistics of accident related injuries in the US, it makes sound sense to be covered for expenses related to accidents. Accident insurance ensures quick financial aid should you meet with an accident that prevents you from working and stops temporarily your income.
The accident may take place anywhere, not necessarily at your place of work. It could also be on the games field. Benefits arising out of this policy are far reaching inasmuch as they cover all types of medical injuries, More...