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Identify types of third-party plans in Canada, how does one apply for them? What are the...

Identify types of third-party plans in Canada, how does one apply for them? What are the benefits of having third-party insurance? Can third-party insurance be used across Canada? What are the pro and cons of third-party insurance? This assignment should be one page, single spaced. Each question must be answered.
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Homework Answers

Answer #1

1) The people who have the following criteria are under the third party plans in Canada-

  • Low socioeconomic status
  • The people who need more benefit & advantage
  • people who need to maintain of their eligibility

One can apply for them with the proper documents of their recent socioeconomic & cultural status..

Benefits of having third party incurence -

  • Pension is given through this plan
  • Disability managent is done through this plan
  • Advantage of low socio economic people
  • Various types of Councelling also occured.

No,,Third Party Insurence can not be used across the whole country of Canada...It is not administered for all of the people residing in Canada..

The pro and cons of third-party insurance-

Third party insurence can save time management and also it is available for the low socioeconomic status people..it helps the people who have the low eligible condition..

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