Tag · Canada
insurance
Loopholes Tagged "insurance"
Plain-English guides to Canadian legal rights and workarounds related to insurance.
Easy banking-and-credit
Credit Card Balance Protection Insurance — Opt Out and Get a Refund
Canadian banks often enroll credit card holders in costly balance protection insurance without clear consent — you can cancel it any time and may be entitled to a premium refund.
Easy banking-and-credit
Credit Card Purchase Protection & Extended Warranty
Most Canadian credit cards automatically double manufacturer warranties and cover accidental damage or theft for 90–120 days after purchase — at no extra cost — but fewer than 5% of eligible cardholders ever file a claim because they don't know the benefit exists.
Medium If You Have Insurance
Bad Faith Insurance Claims — Sue Your Insurer for More Than Your Policy
When a Canadian insurer unreasonably denies, delays, or underpays a valid claim, you may be entitled to damages beyond your policy limits — including aggravated and punitive damages — through a bad faith lawsuit.