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GENERAL INFORMATION OF CANADA |
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There are limitation on import of certain items in to Canada such as food, plants, technical equipment etc.. Students traveling to cities beyond their initial entry point in to the Canada and they are allowed after immigration clearance for two hour.
The Canadian currency is Canadian dollar they use the metric system of measurement which equals in cents. Banks generally offer the best currency exchange rate, they provide more facilities.The Banks are usually open only Monday to Friday, so it is the best to change a small amount of currency into Canadian money before coming to Canada.
Most of the university and colleges are require compulsory health insurance. It is important for every student and their dependent obtain medical and hospital insurance. The health care in Canada is expensive compare to private or supplementary plans. Canadians spent $50 billion annually for Insurance. Their are some kinds of insurance sold as- Health insurance- Auto insurance- Property insurance- Travel Insurance- Business insurance etc..-
Insurance is a contract providing for
payment a sum of money to the assured or, falling him to the person entitled
to receive the same, on the happening of certain event. The family is
generally depend for its food, cloth and shelter on the income brought in at
regular intervals by the breadwinner of the family. So long as he lives and
the income is received steadily, that family is secure, but should death or
damages suddenly intervene the family may be face very difficult situation.
Uncertainty of death and damages are inherent in human life. The
Insurance is a substitutes for this uncertainty by certainty.
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