RENTERS
AUTO
HEALTH
DENTAL
CREDIT
100

A form of coverage that provides protection for tenants and their belongings.

What is renter's insurance? 

100

A protection you must purchase if you own a car or other vehicle.

What is auto insurance? 

100

Helps you pay for medical care, usually paid for in a monthly premium.

What is health insurance? 

100

Helps offset the expenses of common dental treatments and oral surgery that OHIP does not cover.

What is dental insurance?

100

Covers the borrower's payment obligation when a borrower fails to pay a debt

What is credit insurance? 

200

These types of spaces typically require renter's insurance. 

What is:

  • A rental home
  • A condominium
  • An apartment
200

Individuals that are included under auto insurance policies? 

What is the driver, the passengers, and any other people involved in the accident.

200

Aside from the policy holder, these individuals may be included under a health insurance policy. 

What is your partner or children. 

200

Most common coverage in dental insurance plans. 

What are: 

  • Two annual checkups
  • Two annual cleanings
  • X-rays
  • Fluoride treatments
200

These places all sell credit insurance. 

What are lenders, including banks, credit unions, auto dealers, and finance companies?

300

The most common reported incidents for renter's insurance claims. 

What is:

  • Theft
  • Negligent destruction of the tenant's property
  • Injuries
  • Natural disasters
  • Vandalism
  • Water damage
300
Factors taken into account when applying for auto insurance? 

What are age, gender, driving record, where you live, and the type of coverage you select. 

300

Most common additional health insurance coverages. 

What are: 

  • critical illness insurance 
  • long term care insurance
  • travel insurance
300

The 100-80-50 coverage scale covers a variety of procedures, including:

What is: 

  • 100% of routine preventative and diagnostic care
  • 80% of the cost of fillings
  • 80% of the cost of root canals
  • 80% of the cost of other basic procedures
  • 50% of the cost of crowns, bridges, and other major dental procedures as determined by the insurer
300

Most common types of credit insurance. 

What are:

  • Credit life insurance: This coverage repays some or all of your loan if you die.
  • Credit disability insurance: This policy will pay if you can't work due to an illness or injury.
  • Involuntary unemployment insurance: If you experience an involuntary loss of income through no fault of your own, such as if you are laid off, this policy will make your loan payments until you are back on your feet.
  • Credit property insurance: This type of insurance protects any personal property used to secure a loan if it is destroyed by an event such as theft, accident, or natural disaster.
400

These are the typical exclusions in renter's insurance policies. 

What is: 

  • Floods
  • Earthquakes 
  • Car thefts
  • Home business expenses
  • Specific coverage on high-market items, such as coins, jewelry, etc.  
400

Types of auto insurance coverage.

What are: 

  • Liability or Casualty Insurance: Bodily injury liability means that your insurance company pays for damage done to another person in an accident you caused. Property damage liability is for when you’re at fault for damage done to someone else’s property.
  • Personal Injury Protection (PIP): This covers your own injuries as well as those of your passengers. This can often include money you lost because you had to take time off of work as a result of your injuries.
  • Collision: With this coverage, the insurance company pays for damage to your car when you’re at fault in an accident.
  • Comprehensive: This covers many other types of mishaps that damage your car, such as theft, fire, falling tree branches, weather, hitting a deer, and vandalism.
  • Uninsured/Underinsured Motorist (UM/UIM): Despite the requirement to carry automobile insurance in most states, many drivers remain uninsured or underinsured. If you have UM/UIM coverage, it pays for your medical bills if the at-fault party doesn’t have enough or any insurance. The insurance company may then file a lawsuit against the uninsured driver to recoup those costs.
400

These services are not covered under OHIP. 

What is: vision care, such as glasses, contact lenses, and eye surgery; hearing care; certain drugs administered outside of hospital, such as certain costly cancer drugs; ambulance transportation services that are not deemed medically necessary.

400
Procedures not covered by insurance. 

What are: 

  • Cosmetic procedures
  • Tooth whitening
  • Orthodontic treatments like braces, although some policies may cover a portion of the cost
  • Dentures
  • Dental implants
  • Dental care related to medical conditions
400

In the event of your death, disability, or another triggering event, the credit insurance will make your monthly payments. The credit insurance coverage will provide payments directly to the creditor on your behalf.


How does credit insurance works?

500

These are the three primary areas of coverage in renter's insurance policies. 

What is: 

  • Premises liability
  • Personal possessions
  • Cost of temporary accommodations
500

Times when auto insurance may come in handy. 

What are: 

  • renting a car or using alternate transportation while your car is at the garage
  • repair of physical damage to a rental car
  • emergency road-side assistance
  • collision forgiveness which keeps your premium from increasing following your first accident for which you're at fault
  • depreciation to make sure you receive the full value that you paid for your car
500

Procedures considered the most expensive. 

What are: 

  • Fillings
  • Root canals
  • Crowns
500

This payment method is typically used for credit cards, revolving home equity loans, or similar debts where the debt may increase over time.


What is a monthly outstanding balance. 

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