// economy
What is the purpose of the remittance rule?
The Remittance Rule imposes requirements on entities that send international money transfers, or remittance transfers, on behalf of consumers. What are th...
18 Jan 2026 6 views
Economy
// economy
What happens when a whole life insurance policy lapses?
What Happens When Life Insurance Lapses. Once a policy has lapsed, you no longer have coverage. That means the insurer does not have to pay a death benefi...
18 Jan 2026 6 views
// economy
What age does your dependents covered on health insurance?
Time to think about health insurance. As you get older you can still be included on your parents’ health insurance as a child dependent until you turn 21 ...
18 Jan 2026 6 views
// economy
How does insurance work when borrowing someones car?
The general rule of thumb is that car insurance follows the car, not the driver. Therefore, if you borrow someone’s car, you would be covered under their ...
18 Jan 2026 6 views
// economy
Do you need a license to sell pet insurance in Ontario?
You care for them, you own them, they are your responsibility and thus they are your property. In order to sell pet health insurance, you have to get a pr...
18 Jan 2026 6 views
// economy
Will my lender require flood insurance?
Is Flood Insurance Mandatory? Your mortgage lender may require you to buy flood insurance. Federal law requires anyone who buys a home with government-iss...
18 Jan 2026 5 views
// economy
How long do you have to make a life insurance claim?
As long as the required paperwork is in order and the policy isn’t being contested, a life insurance claim can often be paid within 30 days of the death o...
18 Jan 2026 5 views
// economy
Do insurance companies make money from natural disasters?
Each year, the companies take about a third of the premiums they collect as fees for running the program. Those fees come to about $1 billion a year, acco...
18 Jan 2026 5 views
// economy
Do you need insurance for eye surgery?
Alberta Health Care does not cover eye exams, however many Albertans have insurance coverage through their employer or their own medical plan. Inquire at ...
18 Jan 2026 6 views
// economy
How much does life insurance pay out on average?
How much do people pay for life insurance? State Average Annual Life Insurance Premium Average Monthly Premium Alaska $655 $55 Arizona $615 $51 Arkansas $...
18 Jan 2026 6 views