Living Benefits

CI definitions: Covered conditions, explained (Part 2)

Last week we discussed an industry initiative led by Munich Re, that brought CI insurers together to create a new set of benchmark definitions for the Canadian marketplace. The language might be a bit much to get through, but this week we give you the new set of benchmark definitions created by committee members from […]

By Hélène Michaud |March 24, 2009

12 min read

Demystifying CI definitions

Last year, an industry initiative led by Munich Re brought together a group of CI insurers to discuss the possibility of developing benchmark definitions for the Canadian market. The members of this committee represented over 80% of the Canadian CI market in terms of new business premiums and brought a wealth of expertise from underwriting, […]

By Hélène Michaud |March 18, 2009

6 min read

Premium Advice — Severance planning with insurance

Last month, I wrote about the Worskis*, a couple in their late 50s who had recently found themselves out of work due to economic challenges facing their now former employer. Click here to read that article. Many of you had further ideas and questions. I’ll address a few of them in this space. 1. The […]

By Chris Paterson |February 9, 2009

4 min read

Insurance case study: Cancer (part 2), the claims process

Do you sometimes wonder why underwriters make certain decisions? Need insight into the different claims processes or help explaining things to clients? This mini-series from Munich Re will hopefully provide some of the answers. In future articles Hélène Michaud, assistant vice–president, marketing, Munich Reinsurance Company will discuss dementia, cognitive disorders, long term care and critical […]

By Hélène Michaud |February 2, 2009

4 min read