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In terms of industry in the area, the major employers are General Motors (in Oshawa) and Darlington Nuclear Generating Station. According to the insurance companies, smaller towns often have fewer cars and fewer accidents so that means that the residents of Clarington often have lower car insurance premiums as compared with the premiums often charged in larger towns. Let us here at Kanetix help you to shop for your car insurance in Clarington. We can offer you, free of charge, personalized auto insurance quotes from the top insurance companies from across Canada.
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Broker (1) A commissioned sales agent who is under contract to and sells the insurance products of more than one insurance company. (2) For a career agent, to submit insurance applications to companies other than the agent’s own company. Bundled Insurance Product A life insurance product in which the mortality, investment, and expense factors used to calculate premium rates and cash values are not identified separately in the policy. Traditional whole life insurance is an example of a bundled insurance product.
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Deferred Premiums Premiums that are due after an insurer’s Annual Statement date but before the next policy anniversary. Demutualization The process of converting a mutual insurance company to a stock insurance company. Dependent Life Insurance Group life insurance made available to group members, usually on an optional and contributory basis, to cover the spouse, children, or other dependents of the group member. It is usually sold in small amounts which are intended to pay funeral expenses.
Insurance companies need to know how long you've been licenced in order to calculate your insurance premiums. When was this M1 licence received Insurance companies need to know how long you've held your M1 class licence in order to calculate your insurance premiums. According to the Ontario Ministry of Transportation Web site, you must spend a minimum of 60 days with a class M1 licence, which is valid for 90 days.
