Posts Tagged ‘Canada’

Canada Vehicle Insurance Policy – All The Facts

Article by A.Noton

Canadian automobile insurance regimes are intricate. People generally do not consider the details of their vehicle insurance policy until they are involved in an accident. Benefits that are available to the member and their legal obligations will fundamentally depend on the merits of each case. A personal injury attorney who will be able to assess the case and provide the best possible options can make an assessment of each case.

Some provincial governments in Canada have attempted to allow injured people to be reimbursed for any economical losses sustained in an accident, irrespective of which motorist has caused the collision. No-fault benefits or accident benefits are governed by the Insurance Act and are available from most Canadian vehicle insurance policies.

Medical and rehabilitation expenses, nursing care, housekeeping expenses and income replacement benefits are available under standard Canadian vehicle insurance policies.

Canadian insurers are required to inform policyholders of their right to add “optional benefits” to their basic or standard packages. This will provide injured vehicle insurance policy holders with added benefits in case of an accident.

An Application for Accident Benefits must be completed and submitted it to the vehicle insurance policy provider as soon after an accident as possible and medical evidence is required to prove the extent of injuries sustained in order to claim accident benefits.

Injured motorists in Canada may sue for loss of earnings and other expenses incurred resulting from a motor vehicle accident. Under Canada’s Insurance Act, injured motorists are entitled to 80 percent of the net income after-tax lost up to the date of the trial, and 100 percent of lost gross future income after the trial. However, should the injured individual be able to return to their place of work, post-accident earnings will be deducted from their loss of income claim.

Close family members and spouses of injured motorists are also entitled to sue in tort for certain losses incurred resulting from a vehicle accident, as governed by the Canadian Family Law Act. Losses incurred could include losses of guidance, care and companionship, which the injured spouse is now unable to provide.

Third party vehicle insurance policies cover the member if an under-insured, uninsured or unidentified motorist caused the accident.

Many motorists injured in accidents don’t realize that they are entitled to sue in tort, therefore it is suggested that they see a legal advisor at their earliest convenience to be able to make an informed decision regarding their legal rights. This should be done timorously in order to avoid deadlines and notice periods being missed Many reputable attorneys will offer this consultation to motorists at no charge.

Vehicle insurance policies in Canada differ from province to province. Certain types of vehicle insurance policies that are mandatory in one province may not be mandatory in other provinces.

For instance, Quebec has a Provincial Fund which provides payments for medical care instead of Personal Injury Claims as well as fixed amount payments for Loss of earnings as well as pain and suffering.

Other types of vehicle insurance policies that Canadians can opt for include collision coverage and third party vehicle insurance policies.

In order to ensure that your vehicle insurance policy pays, report the accident to the insurance company straight away. The accident also has to be reported to the police. Insurance claims must be filed within 90 days of the accident.

About the Author

All drivers should protect themselves with the best car insurance policy. By entrusting in a reliable auto insurance dealership, you are guaranteed efficient roadside assistance during times of crisis.

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Business insurance – exports to the United States of America and Canada

Article by commercial liability insurance

In the UK, there is no legal requirement for you to place your insurance cover with a UK domiciled commercial insurance company. In reality, this is what normally happens. You arrange your insurance in the territory or location in which you trade. When we get to the large multi-national companies that operate in many different locations, then they will usually have a global insurance package, arranged through one particular insurance broker, but placed through many different insurers.

If you are a company that is exporting, or is looking to export, then you may find that your broker or insurer, if you deal direct, is interested in what countries you export to.

There are two main reasons for this. The first reason is that insurers will always want to face a claim, if there is one, on their own turf. This is for no other reason than that courts in different countries operate in different ways. A UK based insurer is more used to dealing with claims through UK courts. As they have experience of courts here, they can better estimate what the likely costs of the claim are and they also know that by using UK based solicitors in UK courts, it is of course going to be cheaper.

It really is as simple as they are more comfortable (and profitable) defending claims on their own soil.

The second reason they are interested is that, different countries have different legal systems. For example, if a child received a toy and was injured playing with it and it was manufactured in the UK, but they lived in a country thousands and thousands of miles away (or even elsewhere in Europe) then there would be significant costs in defending an action. There are not only language barriers but also the costs of actions can be much higher.

This is where we get to the US and Canada. We are only getting used, in the UK to ambulance chasing, no win no fee, solicitors. In the US, they invented this type of lawyer, they are incredibly litigious and claims and counter claims, whether valid or not, are made at the drop of a hat. The main reason for this is money. Lawyers know that they can quite easily get settlements 10 to 15 times greater, in the US courts, than they would in UK courts.

There of course has to be negligence proven, but when the cost of a claim can be so high, there are more out of court settlements.

So, in the UK, you business insurance company wants to know where you export to. If it is the US or Canada, this will either make them decide to charge a higher premium or not provide the cover at all. You can’t even decide to take the cover out (for products liability insurance) with an exclusion for North America, and still export. The reason being, that this does not stop a claim being made. US and Canadian courts are not averse to agreeing to actions being granted against a UK insurance policy, whether or not there is an exclusion. If you, the business owner, are knowingly producing or supplying goods which are exported to North America, then you need to have adequate cover in place.

About the Author

Jack Brown is a professional writer who writes on various finance and insurance related topics. For more information on business insurance he suggests you to visit

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