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Neil G. McDonald Ltd.
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
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Hours
Mon-Fri 9-4:30 EST

Catastrophe Cover

Some major medical expense policies are referred to as Catastrophe Policies. They bear no relation to Catastrophe Hazard. They are policies to protect the individual against the contingency of suddenly being required to pay a portion of the remaining amount, usually in the form of a percentage. The policy, however, does protect from extremely large losses at a very modest price.