From: loose_electrons@hotmail.invalid
"Allen" wrote in message
news:g_v4f.608$ns3.68693@news20.bellglobal.com...
>
> "Dave" wrote in message
> news:ZZu4f.25447$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
Isn't that what I said? :-)
Dave
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