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  Msg # 22035 of 22081 on ZZCA4363, Wednesday 5-02-23, 4:06  
  From: ALLEN  
  To: DAVE  
  Subj: Re: SISIP CAR/IRM  
 From: debal89@sympatico.ca 
  
 "Dave"  wrote in message 
 news:ZZu4f.25447$yS6.24066@clgrps12... 
 > As far as I know, yes - neither the old CAR nor the IRM will cover you 
 > beyond your 75th birthday.  The CAR becomes a paid-up policy at any 
 > anniversary date at or after the 65th birthday, and you receive 10% of 
 > the coverage amount returned to you, if you don't elect to extend 
 > coverage until 75.  I haven't been able to find any reference to 
 > whether IRM becomes a paid-up policy. 
 > 
 > "'Ole"  wrote in message 
 > news:Lzi4f.210242$tl2.155857@pd7tw3no... 
 >> Am I missing something here;    Was and is CAR, and as well as IM, a 
 >> done deal once you turn 75 years of age ? 
 >> 
 >> 
 > 
 > 
  
  
 "What happens if I choose to stay in CAR? 
  
 If you choose to stay in CAR, your premiums will increase by 20% on 1 
 March 2006 according to the table above. 
  
 On your certificate anniversary date following your 65th birthday, you 
 will have a choice to either: 
  
   a.. take the PUC amounting to 10% of your coverage and cease paying 
 premiums; or 
   b.. continue your coverage, or any part thereof to your 75th 
 birthday." 
 http://www.sisip.ca/en/Insurance_e/car_QandA.asp#7 
  
 Allen 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2) 

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