home  bbs  files  messages ]

      ZZCA4363             can.community.military             22081 messages      

[ previous | next | reply ]

[ list messages | list forums ]

  Msg # 22038 of 22081 on ZZCA4363, Wednesday 5-02-23, 4:06  
  From: DAVE  
  To: ALLEN  
  Subj: Re: SISIP CAR/IRM  
 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 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2) 

[ list messages | list forums | previous | next | reply ]

search for:

328,090 visits
(c) 1994,  bbs@darkrealms.ca