Certificate of Insurance - Rent

CERTIFICATE OF INSURANCE & DISCLOSURE STATEMENT

Certificate Effective Date: May 1/2024

Rent Payment Protection Plan (the “Policy”) is a contract between You and Us. “You”, “Your” “Yourself” refers to the individual whose name is listed on the application as the Policy Owner in which the insurance requestissubmittedtoUs.“We”,“Us”,“Our”,andthe“Insurer” refer to Trans Global Insurance Company and Trans Global Life Insurance Company.

The Policy is available to residents of all provinces except Quebec, who have requested the coverage, agreed to pay the premium, and continue to pay premiums on a timely basis. Failure to make premium payments on a timely basis could cause lapses in coverage. Please see "Termination of Coverage" under Part G, below.

When You enroll in the Policy, You are enrolling directly with Us. This Certificate of Insurance, plus the insurance premiums charged to You, and collected by Us, payable monthly, are evidence of Your insurance under the Policy, provided the insurance has not been terminated in accordance with the provisions outlined in this Certificate of Insurance. The first premium is due on the Effective Date and then each Monthly Payment is due on a date determined by Us. Premiums will be charged automatically to the credit card or bank account provided by You.

The coverages under this policy are issued under the following policy numbers BFT-05012024-P and BFT-05012024-L.

Premiums are due and payable on the Effective Date and thereafter on each Premium Renewal Due Date. Please refer to the Definition section or to the applicable description of benefits for the meanings of all bolded terms. This Certificate of Insurance replaces all Certificate of Insurance previously issued to You with respect to the Policy. Coverage is only available if You are a resident of Canada. This coverage may be cancelled, changed, or modified at any time. For confirmation of coverage or for any questions concerning the information in this Certificate of Insurance, call Us, toll free at 1-844-930-6022.

WHO IS COVERED

To be eligible to apply for insurance, You must be a non-Quebec Canadian resident, a Tenant or Co-tenant, and be over age 18 on the Effective Date.

If You are 65 (71 in British Columbia) years of age or older at the date of Your death, the Life Insurance benefit will be paid only in the event of Accidental Death.

Critical Illness coverage ceases at the age of 65. For further clarity, the date of First Diagnosis must occur prior to the individual’s 65th birthday.

If Your circumstances change and are no longer eligible to be covered under this Policy, you are required to notify Us within 90 days to be eligible to receive any refund of Premium.

HOW TO CANCEL THIS INSURANCE

Upon receipt of this Certificate of Insurance, if You no longer wish to be enrolled in this insurance, please contact Us to cancel Your Policy within 30 days. The cancellation request will need to be made in writing and contain Your signature. When the Policy is cancelled within 30 days of enrollment, any premiums charged, will be refunded to credit card or bank account provided by You. You may cancel any time after 30 days by sending Us a request in writing, but You will not be entitled to a refund of any premiums charged. If You have any questions regarding this Policy or require claim information, please contact:

Trans Global Life Insurance Company and Trans Global Insurance Company

Suite 275, 16930 114 Ave NW Edmonton, AB T5M 3S2 Telephone: 1-844-930-6022

PART A - INVOLUNTARY UNEMPLOYMENT BENEFIT

BENEFIT

If You become involuntarily unemployed after the Effective Date, We will pay You, Your Monthly Rent Payment obligation, retroactively beginning from Your Date of Loss. We will make Your Monthly Rent Payment obligation due until You return to work full-time, subject to a maximum of $1,500 per month and up to 3 Monthly Rent Payment obligations or a cumulative maximum of $4500. When You are simultaneously disabled and involuntarily unemployed, You are entitled to benefits only under one coverage, not under both. The total Monthly Rent Payment Obligation will not exceed the total of 3 months’ rent up to $4500. Payment shall be made by cheque to You or by electronic funds transfer to the bank account provided by You, from where premium charges have been charged.

For individuals who may simultaneously be earning income in an employer and employee relationship and operating a business in a self- employed capacity You are only entitled to payment of benefits under Part A – Involuntary Unemployment Benefit or Part B – Involuntary Employment – Self Employed Individuals, not under both. In determining payment of benefits in the above noted situation, We

Residents In all Provinces (Except Quebec)

Trans Global Insurance Company

(BFT-05012024-P)

Part A: Involuntary Unemployment

Part B: Involuntary Unemployment (Self Employed Individuals)

Trans Global Life Insurance Company

(BFT-05012024-L)

Part C: Disability
Part D: Critical Illness
Part E: Life with Dismemberment

This Certificate of Insurance contains information about Your insurance. It outlines what is covered along with the conditions under which a payment will be made. It also provides instructions on how to make a claim. It is important that You read this Certificate of Insurance carefully and understand Your coverage as Your coverage is subject to certain limitations or exclusions. This Certificate of Insurance has been issued in consideration of the statements made by You during Your application.

reserve the right to choose which stated head of coverage benefits are paid under.

CONDITIONS

To be eligible for involuntary unemployment benefits under this Part A:

You must be a Canadian resident and be over age 18 on the Effective Date and are a Tenant or Co-Tenant as of Your Date of Loss;
You must have been insured under the Policy and gainfully employed on a permanent basis, working full-time at the Date of Loss, which means working at least 25 hours each week;
You shall have been involuntarily unemployed for more than 30 consecutive days;
Prior to Your involuntary unemployment, Your employer shall have been paying employment insurance premiums to Canada Revenue Agency (CRA) and/or any of its successor entities, on Your behalf. Within 15 days of Your involuntary unemployment, You must have registered with Canada Employment Insurance Commission to receive employment insurance benefits;
While You are involuntarily unemployed You must be available to work full-time, and You may be required to provide evidence that You are actively seeking employment.
You must not have received a Critical Illness benefit in the 6 months prior to the involuntary unemployment Date of Loss.

EXCLUSIONS

We shall not be liable for involuntary unemployment benefits due to:

Unemployment for any reason beginning within 30 days from the Effective Date;
Unemployment known by You to be impending at the time of application for insurance;
Loss of seasonal employment;
Strikes or lockouts, whether You participate voluntarily;
Disability for which benefits are payable under this Policy;
Discharge for cause by Your employer;
Pregnancy or childbirth, maternity, paternity, or adoption

leave;
Family medical or caregiver leave;
Voluntary unemployment;
Criminal charges having been laid against You and any

resulting incarceration;
Failuretopaychildmaintenancesupportpayments,spousal

support payments or alimony;
Retirement,whethervoluntaryormandatory;
Any of the exclusions listed under the heading "General

Exclusions" found in Part G – General Provisions.

RE-ELIGIBILITY

If You return to work for less than 6 consecutive months after receiving benefits under this Part and suffer another period of at least 30 consecutive days of involuntary unemployment, You will only be eligible for any remaining benefits of the maximum 3 Monthly Rent Payment obligation from the previous claim. However, if You have returned to full time employment (at least 25 hours per week) for at least 6 consecutive months after receiving benefits under this Part A, Your coverage will be reinstated for up to the contracted month benefits (subject to the $4500 maximum limit) for subsequent periods of covered involuntary unemployment.

PART B – INVOLUNTARY UNEMPLOYMENT –SELF EMPLOYED INDIVIDUALS

BENEFIT

If You become involuntarily unemployed, as a self-employed individual, because of Your business being involuntarily petitioned into bankruptcy by Your creditors, and You remain unable to generate any income during the period of 30 consecutive days after the Effective Date and while insured. You may be entitled for benefits under the Involuntary Unemployment insurance for self- employed individuals.

Upon eligibility, we will pay You, retroactively beginning from Your Date of Loss, Your Monthly Rent Payment obligation due. We will make Your Monthly Rent Payment obligation due until You return to work full-time, subject to a maximum of $1,500 per month and up to 3 Monthly Rent Payment obligations or a cumulative maximum of $4500. When You are simultaneously disabled and involuntarily unemployed, You are entitled to benefits under one coverage, not under both. The total Monthly Rent Payment obligation will not exceed the total of Your 3 Months of Rent Payments or the maximum of $4500. Payment shall be made to You by cheque or by electronic funds transfer to the bank account provided by You, from where premium charges have been charged.

For individuals who may simultaneously be earning income in an employer and employee relationship and operating a business in a self- employed capacity You are only entitled to payment of benefits under Part A – Involuntary Unemployment Benefit or Part B – Involuntary unemployment – Self Employed Individuals, not under both. In determining payment of benefits between benefits under Part A or Part B, we reserve the right to choose which stated head of coverage benefits are paid under.

CONDITIONS

To be eligible for involuntary unemployment benefits under this Part B:

1. You must be a Canadian resident and be over age 18 on the Effective Date and are a Tenant or Co-Tenant as of Your Date of Loss;

2. You must have been insured under the Policy and working in a self-employed capacity earning taxable revenue pursuant to the Canada Income Tax Act on a permanent basis, working full-time at the Date of Loss, (which is defined as working a minimum of 25 hours each week), in a legally incorporated business that has been operating in Canada for a period of no less than 2 continuous years prior to the Effective Date of the Policy.

You shall have been involuntarily unemployed for more than 30 consecutive days.

3. Prior to Your involuntarily unemployment, as a self- employed individual and only if/when applicable, You shall have been paying special employment insurance premiums to Canada Revenue Agency (CRA) and/or any of its successor entities.

4. While You are involuntarily unemployed, as a self- employed individual, You must be available to work full- time and You may be required to provide evidence that You are actively seeking employment.

5. You must not have received a Critical Illness benefit in the 6 months prior to the involuntary unemployment Date of Loss.

EXCLUSIONS

We shall not be liable for involuntary unemployment for self- employed individual benefits due to:

Unemployment for any reason beginning within 90 days from the Effective Date;
Unemployment known by You or should have been known to You impending at the time of application for insurance;
Strikes or Lockouts, whether You or Your business participate voluntarily;
Disability for which benefits are payable under this Policy;
Discharged for cause by a hiring company or customer;
Pregnancy, or childbirth and maternity, paternity, or adoption

leave;
Family medical or Caregiver leave;
Voluntarily unemployment, You refused to complete work, as

contracted or as outlined in job specifications;
Failure to comply with safety regulations and conditions required by trade unions, associations or provincial health and

safety regulators;
Criminal charges having been laid against You and resulting

incarceration;
Failuretopaychildmaintenance,supportpayments,spousal

support or alimony;
Inability to travel for work related reasons due to loss of

passport or visa conditions;
Closure of business because of gross or willful misconduct,

negligence, voluntary forfeiture of salary, wages or income;
Retirement,whethervoluntaryormandatory;
AnyoftheexclusionlistedundertheCertificateofInsurance

of Insurance heading “general Exclusion” found in Part G – General Provisions.

RE-ELIGIBILITY

If You return to work in a capacity of self-employment for less than 6 consecutive months after receiving benefits under this Part B and suffer another period of at least 90 consecutive days of involuntary unemployment, for self-employed individuals, You will only be eligible for any remaining benefits of the maximum 3 Monthly Rent Payment obligation from the previous claim. However, You must be working in a new business capacity earning taxable revenue pursuant to the Canada Income Tax Act on a permanent basis, working full-time at the Date of Loss, which is defined as working a minimum of 25 hours each week, in a legally incorporated business that has been operating in Canada for a period of no less than 2 continuous years prior to the Effective Date of the Policy. After 6 consecutive months, Your coverage will be reinstated for up to another 3-month benefit period (subject to the $4500 maximum Policy limit) for subsequent periods covered by involuntary unemployment for self-employed individuals. If You return to work in a capacity other than self-employment, please refer to the re-eligibility section under Involuntary Unemployment of this Certificate of Insurance.

INVOLUNTARY UNEMPLOYMENT –SELF EMPLOYED INDIVIDUALS CLAIMS

Bankruptcy court documents must be provided to Us at the address set out at the beginning of the Certificate of Insurance showing proof of filed bankruptcy along with the name of the appointed trustee of bankruptcy. We may at Our discretion require financial statements showing proof of documented evidence of the past 3 years of business operations, business tax returns for the evidence of filing with the Canada Revenue Agency (CRA), along with individual and spouse tax returns for the past 3 years showing evidence of filing with the Canada Revenue Agency (CRA). We may also require the most recent copy of articles of

incorporation and business license of the business at the time of the claim.

PART C – CRITICAL ILLNESS BENEFIT

BENEFIT

If, after the Effective Date and while insured, You are diagnosed with a Critical Illness for the first time in Your life and survive that First Diagnosis for at least 30 days, We will pay to You an amount equal to 3 Months’ Rent Payments as on the date of First Diagnosis of the Critical Illness, to a maximum of $4500. Payment shall be made by cheque or to the bank account provided by You, from where premium charges have been charged.

CONDITIONS

You must be a Canadian resident and be over age 18 on the Effective Date and are a Tenant or Co-Tenant as of Your Date of Loss;
Critical Illness coverage under Part C ceases to the Critical Illness claimant upon attainment the age of 65. The date of First Diagnosis must occur prior to the individual’s 65th birthday.
The Critical Illnesses covered under this Policy are Cancer (Life Threatening), Heart Attack, Stroke, Coronary Artery Bypass Graft, Kidney Failure and Major Organ Transplant. Full definitions of these Critical Illnesses along with any limitations are found below.
Under this Certificate of Insurance, the Critical Illness benefit will be paid only once. After the Critical Illness benefit is paid, You remain eligible for benefits described under Parts A, B, D, & E of this Certificate of Insurance, subject to the provisions and conditions under each Part.
Proof of loss satisfactory to Us must be submitted within 90 days of First Diagnosis. The diagnosis must be made in writing by a licensed physician and be supported by medical evidence that We require or may require.

EXCLUSIONS
We do not pay a benefit for a particular Critical Illness if:

1. that Critical Illness resulted directly or indirectly from any of the exclusions listed under the heading "General Exclusions" found in General Exclusion Provisions;

2. that Critical Illness existed, or was first diagnosed, prior to the Effective Date or within 90 days after the Effective Date.

CRITICAL ILLNESS DEFINITIONS & LIMITATIONS

Only the following Critical Illnesses, as defined below, are covered under this Certificate of Insurance:

1. Cancer (Life Threatening) means any malignant tumor characterized by the uncontrolled growth and spread of malignant cells and invasion of tissue. The diagnosis must be made in writing by a physician and be confirmed by histological examination of the involved tissue. Under this Certificate of Insurance Cancer includes leukemia and Hodgkin’s disease but does not include:

All tumors which are histologically described as pre- malignant, as non-evasive or as cancer in situ;
Stage A prostate cancer, Duke’s Stage A colon cancer, or any pre-malignant lesions, benign tumors or polyps;

c. Kaposi’s sarcoma or cancerous tumors in the presence of Human Immunodeficiency Virus;

d. Any skin cancer that is not malignant invasive melanoma and that has not exceeded .75 millimeters in depth.

2. Heart Attack means the death of a portion of the heart muscle because of inadequate blood supply that has resulted in all the following evidence of acute myocardial infarction:

Typical chest pain;
New characteristic electrocardiographic (ECG)

changes; and
The characteristic rise of cardiac enzymes, troponins

or other biochemical markers.
Other acute coronary syndromes, including but not

limited to angina, are not covered under this

Coronary artery bypass graft means the undergoing of heart Surgery to correct the narrowing or blockage of one or more coronary arteries using venous or arterial grafts. Coronary artery bypass graft does not include;

a. Angioplasty (percutaneous transluminal coronary angioplasty);
1. Laser relief of an obstruction; stern insertion; coronary angiography; or
2. Any other intra-catheter technique.
3. The Surgery must be deemed medically necessary by
  
  a physician who is a board- certified cardiologist.
Kidney Failure means end stage, irreversible failure of both kidneys to function, provided that a physician who is board

certified has determined that such failure requires either:
1. Immediate and regular kidney dialysis (no less often than weekly) that is expected by such physician to
  
  continue for at least six months; or
2. A kidney transplant.
Major Organ Transplant means the actual undergoing as a recipient of a transplant of a heart, lung, pancreas, kidney, or liver.

PART D – DISABILITY BENEFIT

BENEFITS

If You become totally disabled and as a result are unable to work, while You are covered under the Policy, We will make Your Monthly Rent Payment obligation, as defined in Part F - Definitions, to You during the term of Your total disability beginning retroactively with Your Date of Loss and until You are able to return to work, subject to a maximum of $1,500 per month and up to 3 Monthly Rent Payment obligations or a cumulative maximum of $4500. Payment shall be made by cheque or to the bank account provided by You, from where premium charges have been charged.

CONDITIONS AND LIMITATIONS

1. You must be a Canadian resident and be over age 18 on the Effective Date and are a Tenant or Co-Tenant as of Your Date of Loss;

2. You must become, after the Effective Date, totally and continuously disabled as the result of accidental bodily injury or sickness and shall be regularly attended by a licensed physician or surgeon other than Yourself and, in the opinion of the physician or surgeon, be prevented from engaging in any business or employment for which You are reasonably fitted by training, experience or education, and shall remain so totally disabled for more than 30 consecutive days.

3. To be eligible for disability benefits, You must have been insured under the Policy and gainfully employed on a permanent basis, working full-time at the Date of Loss, which means working at least 25 hours each week.

4. We will require Your attending physician or surgeon to send Us a written statement, on a form provided by Us or acceptable to Us, during the initial period of disability indicating that You were totally disabled and unable to resume employment because of the disability. You may be required to provide subsequent verification of continued disability.

5. Benefits will end once Your doctor allows You to return to work on a full-time, part-time, or modified basis.

6. When You are simultaneously disabled and involuntarily unemployed, You are entitled to benefits only under one coverage, not under both.

7. You must not have received a Critical Illness benefit under this Policy in the 90 days prior to the disability Date of Loss.

EXCLUSIONS
We do not pay disability benefit if the disability resulted directly or

indirectly from:

any of the exclusions listed under the heading "General Exclusions" found in Part G – General Provisions;
a pre-existing condition if Your disability commences anytime during the first 12 months of coverage. For the purposes of this exclusion, pre-existing condition is any sickness or injury for which You received medical advice, consultation, diagnosis, investigation, or for which treatment was required or recommended by a doctor during the 6 months prior to the Effective Date of Your coverage;
a nervous, mental, psychological, emotional, or behavioral disorder or condition unless You are under the full-time care of a licensed psychiatrist;
a Critical Illness for which a benefit has been paid under Part C- Critical Illness, of this Policy;
normal pregnancy;
foreign travel or residence;
Flight on non-scheduled aircraft.

RE-ELIGIBILITY

When payments have been completed for a claim under these Disability provisions, You must resume permanent full-time employment 25 or more hours per week for a period of 90 consecutive days to become eligible for a further Disability claim.

PART E - LIFE WITH DISMEMBERMENT BENEFIT BENEFITS

We will pay to You, upon due proof of Your death or dismemberment, occurring after the Effective Date and while You are covered under the Policy, an amount of insurance equal to 3 months’ Rent Payments due at the date of death or dismemberment to a maximum of $4500. Payment shall be made by cheque or to the bank account provided by You, from where premium charges have been charged.

definition.
means any cerebrovascular incident, excluding

3. Stroke
transient ischemic attack (mini stroke), producing death of a portion of the brain because of thrombosis, intracranial or subarachnoid hemorrhage or embolization from an extracranial source and with objective evidence of a new permanent neurological deficit persisting for more than 30 days.

DISMEMBERMENT

Dismemberment means accidental bodily injuries that are sustained directly and independently of all other causes resulting in the total and irrevocable loss of the entire sight of both eyes, or a hand or foot by complete severance through or above the wrist or ankle joint.

AGE LIMITATION

If You are 65 (71 in British Columbia) years of age or older at the date of death, the Life insurance benefit will be paid only in the event of Accidental Death.

EXCLUSIONS

We do not pay a benefit if the death or dismemberment resulted directly or indirectly from:

Any of the exclusions listed under the heading "General Exclusions" found in Part G – General Provisions.
A pre-existing Condition, if You die within 6 months of the Effective Date from that pre-existing condition. For the purposes of this exclusion, we define a pre-existing condition as any sickness or injury for which You received medical advice, consultation, diagnosis, investigation, or for which treatment was required or recommended by a doctor during the 6 months prior to the Effective Date of Your coverage.
A Critical Illness for which a benefit has been paid under Part C – Critical Illness of this Certificate of Insurance.

PART F – DEFINITIONS

Accidental Death means death through accidental means sustained directly or independently of all causes and occurring within 90 days from the date of the accident.

Co-Tenant is a person who is a Tenant jointly with at least one other Tenant.

Date Of Loss is the date the event or occurrence or, in the case of total disability or involuntary unemployment, the commencement thereof, giving rise to a claim under the Policy.

Effective Date For the coverage’s provided under Parts A, B, C, D, and E, the Effective Date is the date that We receive Your enrollment for insurance.

First Diagnosis means the date on which a licensed physician establishes the diagnosis of a Critical Illness.

Grace Period means 10 days from the date Your premium payment is due, after the payment of the initial premium payment.

Monthly Payments means the amount due and payable by You for each monthly period.

Premium Renewal Due Date means the date Your recurring premium payment is due and payable by You, after the initial premium payment.

Tenant is an individual who occupies residential premises under a residential tenancy agreement and includes a sublease.

You, Your and Yourself, Insured means the individual whose name appears on the Rent Payment Protection application.

We, Us and/or our refers to Trans Global Insurance Company and Trans Global Life Insurance Company.

PART G - GENERAL PROVISIONS

BENEFICIARY - Benefits payable under Parts A, B, C, D, & E of the Policy shall be paid to You, as irrevocable Beneficiary, to be applied by Trans Global Insurance Company and Trans Global Life Insurance Company in payment of Your monthly rent obligations.

CERTIFICATE - Copies of the Group Policies are available by contacting Trans Global Insurance Company and Trans Global Life Insurance Company.

MAKING A CLAIM - Claim forms may be obtained by calling a Customer Service Representative at 1-844-930-6022 or by downloading forms from https://transglobalinsurance.ca/claims/.

NOTICE OF LOSS in writing must be filed with Us at the office address set out at the beginning of this Certificate of Insurance within 90 days from the date of such loss. Failure to report a loss within the stated period of time will invalidate any claim in respect of such loss.

PROOF OF LOSS in writing and any required receipts or reports must be furnished to Us at the office address set out at the beginning of this Certificate of Insurance of Insurance within 90 days from the date of such loss. Subsequent written proof of continuance of such loss must be furnished at such intervals as We may require. Costs incurred by You to obtain proof or evidence of Your loss will be at Your own expense.

You will provide written authorization for Us to make inquiries of Your past and present employers for the settlement of Your Disability and Involuntary Unemployment claims, and of Your medical or other health care practitioners for the settlement of Your Life with Dismemberment, Critical Illness and Disability claims as We consider necessary.

GENERAL EXCLUSIONS

No benefits will be paid under the Policy’s Life and Dismemberment, Disability, Involuntary Unemployment or Critical Illness coverages if the loss was, directly or indirectly, caused by:

1. an attempted suicide or suicide, while sane or insane, within two years of the Effective Date;

2. an intentionally self-inflicted injury;
3. the commission, or attempted commission, of an illegal act; 4. military service, declared or undeclared war, or any nuclear,

chemical, or biological contamination resulting from an act of

terrorism; or
5. Alcohol or solvent abuse, or the taking of illegal drugs or

prescription drugs except where prescribed by a licensed doctor and taken as directed.

COMPLAINT PROCEDURES

If You have a complaint or inquiry about any aspect of this insurance coverage, please call 1- 844-930-6022 between 8:00 am and 5:00 pm (MT), Monday to Friday. If for some reason You are not satisfied with the resolution to Your complaint or inquiry, please see Our complaint resolution processes which can be found at: https://transglobalinsurance.ca/resolving- complaints/

YOUR PRIVACY MATTERS TO US

We are committed to protecting Your privacy. We respect Your privacy and want You to understand how We collect and use Your personal information.

How We Collect Your Information

We collect and keep information about You, which is needed to provide the products and services You request. We collect information from

You, either directly or through Our representatives. We may also need to collect information about You from sources such as hospitals, doctors and other health care providers, the Medical Information Bureau, the government (including government health insurance plans) and other governmental agencies, other insurance companies, financial institutions, motor vehicle reports, and Your current and former employer.

How We Use Your Information

We use Your information to provide the products and services You request, which includes using it to evaluate insurance risk and manage claims. We may also share Your information with other third parties, when it is necessary for the services We provide to You. Third parties may include other insurance companies, the Medical Information Bureau, financial institutions, third party administrators, and any references You provide. We may use Your information internally, to prepare statistical reports that help Us understand the needs of Our customers and that help Us understand and manage Our business. For these purposes, where a third-party service provider is located outside of Canada, the service provider is bound by, and the information may be disclosed in accordance with, the laws of the jurisdiction in which the service provider is located.

You may request to review Your personal information in Your file or request to make a correction by writing to:

The Privacy Officer
Trans Global Life Insurance Company/Trans Global Insurance Company
Attention: Chief Privacy Officer
16930 – 114 Avenue NW, Edmonton, Alberta T5M 3S2

For more information on privacy at Trans Global Insurance, visit www.transglobalinsurance.ca/about- us/privacy-policy\

LEGAL PROCEEDINGS

No legal action may be brought against Us unless it is brought within 24 months after the Date of Loss; or the shortest applicable limit of time established by law. Every action or proceeding against an Insurer for the recovery of insurance money payable under the contract is absolutely barred unless commenced within the time set out in the Insurance Act. Any changes made to Your Policy after the Date of Loss but during the benefit period will not be included in the calculation of Your benefits. The benefits payable under this Policy are calculated based on the benefit description under this policy for each coverage type. Any rent charges based on a new rental agreement or contract for which a rent is due and made by You after Date of Loss and during the period for which You are collecting benefits will not be included in the calculation of Your benefit.

MISSTATEMENT OF AGE - Our liability is limited to a refund of all premiums You have paid when You misstated Your age to Us at the time You provided to Us Your application for insurance.

PREMIUM RATE - The monthly premium charged under the Policy is a flat rate of $49.00 per month, plus applicable taxes.

PREMIUM RATE AND/OR POLICY CHANGE - We reserve the right to establish new premium rates and cancel or modify any terms of the Policy. You will receive at least 31 days’ written notice of any change to premium rates or terms of the Policy.

REFUNDS - In the event of termination of Your Coverage, We will make refunds by issuing You a cheque or by electronic funds transfer toto the

bank account provided by You, on a Pro Rata basis with any unearned premium paid by You. No refund or credit will be made if the amount is less than One Dollar ($1.00).

SUBROGATION- In the event of any payment under this insurance, We shall be subrogated to all Your rights of recovery, and You shall execute and deliver all papers and do whatever is necessary for Us to secure those rights.

TERMS OF AGREEMENT AND TERMINATION OF COVERAGE

The term of the insurance provided under this Certificate of Insurance commences upon Your agreement to purchase the insurance coverage hereunder and will end on the sooner of:

31 days from the date We send You written notice, by first class mail to Your last known address, to cancel this insurance; or
The date Your policy is terminated, on receipt of notice of termination by the Insurer; or
On expiration of the Grace Period, if You fail to make Your premium payment; or
the date You are more than 10 days late in making any required premium payments on Your policy.

Any pre-payment beyond the date of termination of this policy will be returned to You by cheque or to or to a bank account provided by You.