Which insurance policies cover you more?
The federal government has made $2.4 trillion worth of insurance claims, including about $1.4 billion for auto-insurance claims.
The government also made about $974 billion in auto-insured claims, or about $15 billion for every Canadian.
For the next three years, the government plans to cover a net $8.6 billion in insurance claims through its reinsurance program, a federal program that provides payments to insurers when they have claims they can’t cover.
The reinsurance payment system is a bit like a credit card.
It works like this: you pay a bank, or you pay your insurer, or both, and then you get a check for your money.
When you open the check, it usually comes in a cheque, which is usually made out to your insurance company.
So you can get a refund of the money you paid in the first place, and your insurance policy pays the rest.
But it’s not like you’re getting a full refund for the money that you paid to the insurance company, says Mark Turok, a professor at the University of Toronto’s Rotman School of Management.
So the insurance claim you get is the one you have to pay for.
It’s a payment of the claim that’s being made.
If you’re making claims that you can’t pay for, your policy will only pay for those claims.
So it’s really like a debt that you’ve got to pay off.
Turoke says that this money is supposed to be going to the insurers, not to you.
“This is the biggest thing the federal government does, which they’re doing to try to increase their financial security,” Turock says.
But this doesn’t make sense, says Chris Ketchum, who heads the Centre for Automotive Research at the National Automobile Dealers Association.
It could be that the federal insurance companies are trying to save money by paying for claims that they can actually cover.
But Turoks claim that there is no evidence that the government is using the reinsurance payments to make claims, and it is unclear whether insurers are doing this for financial reasons.
The federal reinsurance plan was created in the wake of the financial crisis in 2009, when the government stepped in to cover the costs of auto-injury claims.
In the early years, insurers were only able to cover about 90 per cent of auto injuries, says Turocks, and many of those were minor injuries.
But by 2014, the amount of auto insurance claims that were covered was rising rapidly.
And the government decided that it wanted to do more to make sure that all of these claims could be paid.
That’s why it created the reinsurers program.
The idea is that insurance companies can’t be reimbursed for claims they don’t have, and if they’re reimbursed, the money goes to the government.
So if you have a claim that you don’t want to pay, you’re not going to get it, says Ketchums.
But if you’re insured, you can still get a cash payment.
But the federal reinsurers payment system isn’t designed to cover all of the claims that insurers have to cover, because some of those claims have to be reimbursable, or some of them have to go to the federal treasury.
So insurers are supposed to pay claims that are reimbursible, but they’re also supposed to make payments to their insurance companies, to the tune of $5,000 a year.
And if that’s not enough to cover your car insurance claims from 2014, then you’re also going to have to find another source of income to pay your car, Ketchumes says.
“Insurers are supposed, you know, they’re supposed to cover their own losses, but that doesn’t mean they’re going to cover you, because you’re going into a system that doesn`t work.”
It’s the government that has been paying premiums for years, and they are still doing it, Turoka says.
That means that they’re still contributing to the deficit, and the government has been spending that money in other areas.
So, in theory, this means that the insurers are actually making more claims than they are paying for.
That, however, is not the case.
The insurance claims are supposed be paid by the federal budget, but the government doesn’t actually have to follow through with that.
“If you pay premiums that are not funded, the federal funding program doesn’t pay,” Ketchs says.
And so in this case, it’s the federal Treasury that’s paying for those premium payments.
In fact, it was recently discovered that the Treasury was actually making claims on behalf of the insurance companies when the reinsurer program was created.
And, in some cases, the Treasury actually paid claims directly to the Insurance Corporation of Canada, which in turn paid those claims to the Treasury.
The question is whether the Treasury is actually being paid to cover those premiums, or