TD Health Insurance

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TD Health Insurance Overview

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Toronto-Dominion (TD) Bank is a multinational banking and financial services headquartered in Toronto, Ontario. The history of TD can be traced as back as 1855 with the establishment of the Bank of Toronto and in 1869 with the establishment of The Dominion Bank. The two banks latter merged in 1955 to form Toronto-Dominion Bank.

TD was rated by Standard & Poor’s as the largest bank in Canada by total assets as well as the second largest bank in Canada by market capitalization. In addition, it also ranked TD as one of the top 10 banks in North America and the 26th largest bank in the world.

The bank has four major subsidiary companies, namely, TD Securities, TD Waterhouse, TD Bank N.A, and TD Asset Management. Together with its subsidiaries, TD employs more than 85,000 people across the world. In addition, the company has 22 million clients worldwide in 2014.

Moreover, the bank had a total revenue of CAD$36.1 billion, a net income of CAD$10.5 billion, and a total asset of CAD$1.2 trillion in 2017. TD Insurance is evidently one of the largest financial organizations in Canada and operates in two sectors: general insurance, and life and health insurance.

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Choose the Right TD Health Insurance Plan for You

In case of health issues, you and your loved ones can be covered by TD’s robust insurance coverage. The health coverage includes:

What Does TD Insurance Group Benefit Cover?

TD offers several group insurance options and benefits. The group insurance is available to alumni, members of professional associations and employer groups. The group benefits include:

  • Extended eligibility.
  • Enhanced coverage options and discounts.
  • Flexible coverage that fits an individual’s needs.
  • Multiple payment features.
  • Preferred rates that could extend to retirement.
  • 24/7 emergency claims services.

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TD Health Insurance News

Toronto-Dominion (TD) Bank reported its third-quarter profit on August 30, 2018. The report indicated that TD’s profit exceeded its expectations due to several factors such as the sudden rise in earnings from the United States. Despite its wonderful performance, analysts point out that the performance was not as impressive as its Canadian competitors.

According to TD, its earnings per share, with the exclusion of one-off items, increased from C$1.51 a year ago to C$1.66 in the quarter that ended on July 31. Furthermore, TD’s net income with the exclusion of one-off items increased from C$2.87 billion a year ago to C$3.13 billion ($2.42 billion). Moreover, shares in TD went down by 0.2% from 7.5% to 7.3% on 10:10 am EDT.

TD has maintained the best result for consecutively two quarters but it went down in the third quarter. While the third quarter is still good, it is not the best.

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TD Health Insurance FAQ

How can I file a claim?

When can I call to start my travel claim?

How do I manage my insurance policy on TD Insurance?

What factors affect my car insurance premium?

If I get an accident, how does car rental coverage work?

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