Product Knowledge (Loan Protection)
We will pay loss of employment insurance benefits if a customer experiences an involuntary loss of employment and remains unemployed throughout the eliminat...
Tue, 3 Nov, 2020 at 5:14 PM
Yes. A customer can have a job change during the 12 month period as long as there is no break in employment, and they have continuously worked 12 consecutiv...
Tue, 3 Nov, 2020 at 5:11 PM
No. A customer can have a job change during the 12 month period as long as there is no break in employment, and they have continuously worked 12 consecutive...
Tue, 3 Nov, 2020 at 5:09 PM
We would rely on the information provided by the employer to clarify the reason for the termination of employment.
Tue, 3 Nov, 2020 at 5:07 PM
To qualify for loss of employment benefit and to continue to receive these benefits, the customer must: Have been actively at work; Upon experiencin...
Mon, 9 Nov, 2020 at 8:33 AM
No, they are not eligible. To be eligible to claim, receive and continue receiving loss of employment insurance benefits, the customer must have been e...
Tue, 3 Nov, 2020 at 5:04 PM
The six-month recurrent period is determined from the last benefit paid through date to the new date of loss.
Tue, 3 Nov, 2020 at 5:03 PM
The regulator in the province of Quebec, the AMF, does not allow LOE to be sold as a stand-alone benefit.
Tue, 3 Nov, 2020 at 5:02 PM
No, there is a slight difference between plans. For Carefree, the customer must meet the eligibility requirement of working 20 hours per week for 12 co...
Tue, 10 Nov, 2020 at 1:26 PM
Customers need to be made aware that an individual is only eligible to apply for loss of employment coverage if that individual has been actively working 20...
Tue, 3 Nov, 2020 at 4:27 PM