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Clover Insurance Brokers

3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9

A Division of Wood & Kirkpatrick LTD,
Canada's Oldest Broker Since 1821

905-851-7774
905-851-7838
1-844-340-1578

Phone |

Fax|

Toll-Free|

Quote #8589

Hours

Mon-Fri 9-5 EST

Toronto Line|

Travel|

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*** EFFECTIVE OCTOBER 10th, 2024 ***
We are unable to process requests for quotes from the website.
Please CALL our office to speak to a Licensed Insurance Broker.
1-844-340-1578
Quote Requests done online will NOT be responded to.

Deposit Premium

This is often called "advance premium" and is a premium paid at the inception of a policy in which there is likely to be a substantial variation in values from time to time. At the end of the term, the actual premium is calculated and adjustment made with the insured by either charging the insured for the additional premium required to make up the proper premium or refunding the difference to the insured.