Reader Mail

Is life insurance taxable?Answer:In most cases, no.If you live in Canada, life insurance benefits that the beneficiary of your policy receives are non-taxable. Here's another interesting point: if your beneficiary is a spouse, child, or grandchild, the Read More...

In Ontario there is a provision OES 27 that covers a secondary driver on a rental car accident. Is there such a provision in Quebec? The question I have is: my boyfriend has an insurance policy and I am covered under this policy as the second driver. I Read More...

I am trying to find out the rating for Bankers Life Annuity. Are they A rated?  Answer:I looked up Bankers Life at the A. M. Best website. I found 7 companies that start with "Bankers Life". If you have more information about the company you are Read More...

I want to know if there is a guide to consumer satisfaction with insurance companies.  I've seen several financial rating guides, but if the company is very well off financially, but they are terrible when a disaster happens, then their financial Read More...

My mother just passed away on january 10th, 2007. I was going through her papers and found a life insurance policy. I am helping my father with this matter. Could you please tell me if this policy is in force and paid-up? Answer:This insurance policy Read More...

I may have the wrong insurance company, but I am trying to find Continental Life Insurance Company Incorporated. My husband has an insurance policy of $250 that his dad took out for him when he was going on 3 years old. My husband passed away 12/23/2006. Read More...

I am a renter & recently got a trampoline for my kids.  Is there any insurance I can get which will keep my landlord from being liable?  He says his insurance can cancel him if they find out there is a trampoline on the premises.  It is in a completely Read More...

 I am the secretary of Waterford Garda Angling Club. Can you please advise on policies and premiums for a club of about 25-30 members? Shore angling is predominately the main event with the odd charter boat hired for deep sea fishing.Answer:Have I got a Read More...

I have been paying for this but don't know why. As far as I know, I have no policy. Please cancel!  I should have canceled a long time ago but did not know what this was until now.  I looked it up on the internet. Answer:Sorry to hear that you are having Read More...

My father had a policy and we want to cash it in. He passed in 1998. What do I need to do?Answer:Your first priority is to contact the insurance company and inform them of your father's death. Then you will likely have to provide documentation to prove Read More...

I'm shopping around for farm and liability insurance. We are a budding Equestrian Breeding and Training Facility in Canada. I most importantly need liability for teaching and coaching riders, as  well as for training client horses. What can you do for Read More...

If I am currently insured under a group health plan, but am looking for a plan that will cover infertility, how do I go about selecting a plan that I KNOW will cover these costs?Answer:In this case, it's all about the fine print on the policy. Don't sign Read More...

I am trying to find out if a policy I had is still in effect or if it was canceled.  I have the policy number. I also know it was taken out in 1997.  I'm trying to find this out because my wife passed away and I found these papers in her belongings.  Read More...

I am doing some research for one of my CEO's companies.  Do you know where I can find a list of Health Insurance Companies for New York State, or more specifically the Central New York Region? Answer:I'd check with the New York Department of Insurance. Read More...

I am buying a building that is part of a TIC.  The building is already insured under the main policy.  I need contents only insurance.  Can you tell me how I can get quotes for this?Answer:Absolutely! If you'd like to find companies that can give you Read More...

Is a horse trailer considered an automobile?Answer:No. But it does need insurance! Anything that will be travelling on public roadways behind your vehicle should also have proper insurance coverage. If horse trailer insurance is what you need, you can Read More...

I need to know if there are some boat insurance product that I can buy if I am not a US citizen.  I will be going in Florida with a trailerable sailboat (macgregor 26X) on my trailer from January 10 till march 10, and I need to have some liability Read More...