Most insurance companies do charge penalty for cancelling home policy mid term. And if you cancel property policy, your auto policy will likely go up in price as you will lose your mutli policy discount.
I am not licensed to write life insurance in Ontario so I would suggest that you contact a...
Insurer's take premium in advance as it would be near impossible to collect premiums after the fact from people who did not have claims. When the premiums are paid in advance we all put into a pool before anyone knows who will have claims and for how much. The advance month premium is also used...
Section 3 of the Ontario Automobile Application asks " Is the applicant both the Registered Owner and the Actual Owner of the described automobile" "Yes or No" Most companies will only agree to insure it if the answer is " YES"
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