Full coverage doesn't protect you against everything that could happen, though, and you may still want to
purchase additional optional coverage on top of it.
It is possible for you to
purchase additional optional coverage to increase the availability and amounts of certain benefits.
Not exact matches
Instead, you may have to add
additional coverage as an
optional rider to your policy, or
purchase coverage from a third - party insurer.
A rider is an
optional coverage add - on to the primary policy, which creates
additional coverage opportunities without the need to
purchase an entirely separate policy.
Pet insurance can be
purchased on its own, and some home insurance policies also provide
optional limited pet insurance
coverage for an
additional cost.
Unless consumers
purchase optional additional coverage, the amount of
coverage they have will be significantly less than it was prior to the June 1st changes.
In some cases, Ontario drivers may choose to
purchase optional enhanced accident benefits
coverage, in which case
additional funds may be available to them.
Please note that
optional coverage is applicable only when specifically requested on the application and the appropriate
additional premium has been paid and
purchase confirmed on your Confirmation of Benefits.
Instead, you may have to add
additional coverage as an
optional rider to your policy, or
purchase coverage from a third - party insurer.
Guaranteed Insurability Rider DEFINITION: an
optional rider attached to permanent life insurance policies that allows the owner to elect to
purchase additional life insurance death benefit
coverage periodically at certain attained ages, or alternatively, upon certain special occasions such as marriage and the birth of a child.
For
additional coverage, consider
purchasing an
optional «personal property rider» on your existing policy, which will provide
coverage for the full replacement cost (the cost to
purchase similar items in the same condition) of your valuables.
This is typically an
optional coverage for an
additional premium of $ 24 — $ 30 per person and must be
purchased within 14 — 21 days of the initial trip deposit.
They are compelled to offer
optional additional coverage to all prospective policy holders during the quote and
purchase process.