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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