what does take-all comers approach mean?

the reading isnt too clear on this

Comments

  • Where in the source are you seeing this?

  • Dutil - FA paper - Under AB RSP - Last sentence: The purpose of the pool is trying to cope with take all comers environment

  • According to the AIRB website:
    This rule ensures that all Alberta drivers can obtain mandatory automobile insurance coverage (third party liability and accident benefits); insurers cannot refuse this coverage to any new applicant or existing policyholder. There are a few exceptions where coverage can be refused; an example is for non-payment of all or part of a premium.

Sign In or Register to comment.