Insurance System - Federal

NEW 3 TIER CANADIAN SYSTEM 

Insurance System - Federal

August 9, 2023

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Insurance Pool Systems. Non-health & dental

Affordable insurance & lower cost operations that are more automated & effective with claims adjusters & anti-fraud 

Free Energy - Basic

Market Rate 

Capped Rate 



Automotive

Recreational Power Sports 

Marine

Aviation 

Natural Disaster

Home & Tennant  

High Profile - Celebrity 

Animal - Pet & Wildlife

Commercial Property 

Security 

Corporate + Business 

Worker & workplace 


IMMEDIATE CHANGE 

British Columbia - Alberta hybrid system with new updates for the Federal System 

At fault & more choice - options with lower registration, plating & maintenance + access using advanced online & new technologies 

Government - Private Sector managed 

AFFORDABLE MOTORCYCLE OPTIONS 

Consistent across Canada equally 


GROUPS & 3 TIER SYSTEM FOR ACCESS 

Training + refresh training 

Age 

Experience 

Record 

Insurance demerit point structure 

Cost - rates based on demerit not gender or all other human factors. Demerit + age, experience & record

Opt in-tracking discounts only as performance dictates privilege only 

Group rate discounts discontinued with all other rate discounts 


Licence demerit point structure 

Canadian wife amlagnation of all Provinces & Territories into a standard Federal training system 


GEOGRAPHIC 

Geographic area should not make a difference as the roads & highways do not change there. Street rules are the same. Follow them & rate increases & demerit points won't occur 

HYBRID CONTROL - SUSTAINABILITY 

Insurance pool funds & Private Sector funded almost 100% under Government control at no cost in Government with hybrid Government - Private Sector regulator groups Federally 

Funding pools - minimal debt focus to.cover real claims tied to Federal - Health & Dental program for long-term effective care of claimants so they get the help they need 

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Rothschild - Bennett 


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