New question in Life Insurance FAQ

Posted on June 21, 2011 and updated June 21, 2011 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

Will I be notified when my policy is going to expire and my rates change?

Yes the insurance company should send you a letter notifying you of an increase in rates. Insurance companies also generally notify the broker of record of any major policy changes and he / she should also notify the insured. Having said that if your policy was bought direct and / or if your broker left the business this may not happen.

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