About Manulife Trust
Manulife Trust Company (Manulife Trust) is a federally chartered trust company licensed to do business in all Canadian provinces and territories. Established in 2010, it...
THE LAW OF AGENCY INSURANCE
Before we commence this section, it is very important to realise that the law of
agency is much wider than its application to insurance agents (important as that is).
Therefore, in the following paragraphs,...
FUNCTIONS AND BENEFITS OF INSURANCE
Insurance has many functions and benefits, some of which we may describe as
primary and others as ancillary or secondary, as follows:
(a) Primary functions/benefits: Insurance is essentially...
6 Basic Principles
1-Principal of utmost good faith:
Under insurance contract both the parties should have faith over each other. As a client it is the duty of the insured to disclose all the facts to the insurance...
Trusting your Life Insurance Company
But how do you know which life insurance company to trust? How can you find the best life insurance companies from a sea of websites? Is there any way to qualify the top life insurance companies without...
LIFE INSURANCE PRODUCTS
Insurers can offer the following seven types of life
insurance products:
(i) whole life insurance,
(ii) pure
endowment insurance,
(iii) term life insurance,
(iv)
endowment insurance,
(v) annuity insurance,
(vi)...
HEALTH INSURANCE
Health insurance was introduced as a separate
category of products in 2010, and includes personal
accident insurance, medical expenses insurance and
health care insurance. Similar to life insurance
products,...
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