-Under section 26(1) of the the said Regulation, an insurance company shall pay a death benefit. -Under s. 27(1) an insurance company shall pay a funeral benefit for the insured who dies as a result of the accident. However, the time limits and monetary restrictions apply. -S. 43(1) states that if a claimant is entitled to a death benefit and a funeral benefit, the insurance … Read More
<The Canada Pension Plan (CPP) death benefit> -It is a one-time payment, payable to the estate or other eligible individuals, on behalf of a deceased CPP contributor. -The amount of the death benefit is a single payment of $2,500 for which you need to apply as soon as possible after the contributor’s death. -In order to qualify … Read More
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