When you and your spouse both have access to benefit plans, you can coordinate them to gain coverage from both insurance companies.
In this episode, Lorne Curry educates you about how coordinating benefits with your spouse works. Lorne touches on the rules that exist when coordinating benefits and speaks about when you might and might not coordinate with your spouse.
- How to set up coordination of benefits
- How to determine whose plan pays for what portion of coverage
- How coordination of benefits works with common-law relationships, separations and divorces
- What happens to coordinated benefits when one spouse loses their job
- And more
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