Latest news with #Roslin
CTV News
3 days ago
- Business
- CTV News
Ontario widow initially denied $25K in late husband's life insurance policy
If you have a life insurance policy you should check to make sure it's in good standing and you're up to date on your payments. A widow from eastern Ontario says she was initially denied $25,000 laid out in her late husband's life insurance policy, after part of the terms expired three weeks before his death. 'I was really upset because they said I would get it all when he passed,' Sharon Morris, of Roslin, Ont., told CTV News. Sharon Morris said she was married to her late husband, Alex, for 54 years. In December 2024, he was diagnosed with terminal cancer. As his health deteriorated, Morris said her husband wanted to ensure his life insurance policy would be there to help his family. 'He knew he was dying and he wanted me to call (Canada Life) ahead of time and find out, so he would know I would have some money coming to me,' Morris said. They had been paying for life insurance for 43 years, Morris said, and had a base policy of $5,000 plus dividends and a term policy that would pay $25,000. Morris said she called Canada Life in January to check on their policy, and was told she would get both amounts after her husband passed. 'They said it was a whole life policy and I would get the full amount, but I needed a death certificate,' Morris said. Her husband died on Feb. 25 at the age of 75. When Morris called Canada Life back, she said she was told part of their life insurance policy expired three weeks earlier. 'They refused the $25,000 rider he had on his policy,' Morris said, noting she was only paid just over $7,000. It was Morris's understanding that the term policy had not expired and says she should have been told that before, when she called in January. 'They told me to wait until he died and then I would get the whole amount. That's why I'm terribly upset about it because they told me I was going to get it,' Morris said. In a statement to CTV News, Canada Life said: 'While we cannot comment on the specifics due to privacy, we've worked through the exceptional circumstances of this case to deliver a solution of our customer.' Canada Life paid Morris the full $25,000 in the end. 'It's a very big relief. He was so worried because I had to get that money to keep me going. I'm very grateful,' Morris said.
CTV News
3 days ago
- Business
- CTV News
‘They said I would get it all': Ontario widow initially denied $25K in late husband's life insurance policy
If you have a life insurance policy you should check to make sure it's in good standing and you're up to date on your payments. A widow from northern Ontario says she was initially denied $25,000 laid out in her late husband's life insurance policy, after part of the terms expired three weeks before his death. 'I was really upset because they said I would get it all when he passed,' Sharon Morris, of Roslin, Ont., told CTV News. Sharon Morris said she was married to her late husband, Alex, for 54 years. In December 2024, he was diagnosed with terminal cancer. As his health deteriorated, Morris said her husband wanted to ensure his life insurance policy would be there to help his family. 'He knew he was dying and he wanted me to call (Canada Life) ahead of time and find out, so he would know I would have some money coming to me,' Morris said. They had been paying for life insurance for 43 years, Morris said, and had a base policy of $5,000 plus dividends and a term policy that would pay $25,000. Morris said she called Canada Life in January to check on their policy, and was told she would get both amounts after her husband passed. 'They said it was a whole life policy and I would get the full amount, but I needed a death certificate,' Morris said. Her husband died on Feb. 25 at the age of 75. When Morris called Canada Life back, she said she was told part of their life insurance policy expired three weeks earlier. 'They refused the $25,000 rider he had on his policy,' Morris said, noting she was only paid just over $7,000. It was Morris's understanding that the term policy had not expired and says she should have been told that before, when she called in January. 'They told me to wait until he died and then I would get the whole amount. That's why I'm terribly upset about it because they told me I was going to get it,' Morris said. In a statement to CTV News, Canada Life said: 'While we cannot comment on the specifics due to privacy, we've worked through the exceptional circumstances of this case to deliver a solution of our customer.' Canada Life paid Morris the full $25,000 in the end. 'It's a very big relief. He was so worried because I had to get that money to keep me going. I'm very grateful,' Morris said.
The Star
25-05-2025
- Business
- The Star
Industry's green efforts red-flagged
PETALING JAYA: Malaysia's 'unjust' classification under the European Union Deforestation Regulation (EUDR) that paves the way for its palm oil to be excluded from the EU market has been criticised by local palm oil producers. Malaysian Palm Oil Council (MPOC) chairman Datuk Carl Bek-Nielsen has slammed the classification of Malaysia as a 'standard risk' under EU's deforestation rules. He called the decision 'very unfortunate and unjust', given the country's significant progress in curbing deforestation and raising sustainability standards in the palm oil sector. 'It is equivalent to getting slapped with a fine for speeding while you have been driving below the speed limit. 'I find it very unfair and a slap in the face to our industry, which has made tremendous efforts that have resulted in the area under oil palm reducing for the first time in over 100 years,' he told The Star . He added that countries designated as 'high risk' or 'standard risk' may face more stringent oversight and elevated compliance requirements. 'These countries are expected to encounter significantly higher compliance costs due to stringent regulatory measures imposed by the EU. 'They will also be subject to intensified scrutiny from competent authorities within the EU,' he added. According to the European Commission, the EUDR's country risk classification considers the rate of deforestation and forest degradation, the rate of expansion of agriculture land for relevant commodities, and their production trends. Malaysian Palm Oil Association (MPOA) chief executive officer Roslin Azmy Hassan echoed these concerns, describing the risk of EUDR becoming a non-tariff trade barrier and disproportionately affecting commodity producers in the Global South. 'For Malaysia, this could translate into palm oil producers, especially smallholders, being excluded from the EU, despite their compliance with national sustainability standards like the Malaysian Sustainable Palm Oil (MSPO) certification. 'Penalising them undermines their livelihoods and jeopardises broader socio-economic development goals,' he said. Roslin added that EUDR could push EU importers and processors to bypass Malaysian smallholders entirely, opting for suppliers in 'low-risk' countries to avoid compliance hurdles. On May 22, the European Commission announced the EUDR country benchmarking results that put Malaysia into the 'standard risk' category. 'The classification does not reflect Malaysia's well-established and verifiable commitment to sustainable development and responsible land stewardship,' Roslin said. 'Malaysia is one of the few countries that has promised to keep at least 50% of its land covered by forests. 'This pledge was made at the 1992 Rio Earth Summit and is still upheld today.' He added that the MSPO certification, a mandatory national standard covering more than 96% of the country's palm oil supply chain, was built on internationally recognised environmental, social and governance (ESG) principles. Roslin also questioned the fairness of the classification, highlighting that several EU member states with historical deforestation records were designated as 'low risk'. 'This discrepancy raises serious concerns about the objectivity, transparency and fairness of the EUDR framework,' he said. Despite ongoing consultations and Malaysia's participation in engagement platforms such as the Joint Task Force with the EU, Roslin said these efforts have largely failed to yield substantive outcomes. 'Too often, these dialogues have turned into symbolic exercises, lacking in tangible policy outcomes or genuine collaboration. 'This raises serious questions about the integrity of the consultative process and suggests that the current regulatory path represents not just a technical misjudgment, but a discriminatory trade measure targeting palm oil while ignoring parallel issues in other regions,' he added. When contacted, Deputy Plantation and Commodities Minister Datuk Chan Foong Hin said clarification will be sought from the European Commission regarding the methodology used for the benchmarking.
New Straits Times
26-04-2025
- Sport
- New Straits Times
'United' Malaysia can reach Sudirman Cup final, says ex-world No. 1
KUALA LUMPUR: Former world No. 1 Roslin Hashim believes the national badminton team have the quality and pedigree to reach their first-ever Sudirman Cup final in Xiamen, China. Malaysia, drawn in Group C, open their campaign against France on Monday, with Japan and minnows Australia completing the pool. The top two teams will qualify for the quarter-finals. "Reaching the semi-finals should not be a problem. The national shuttlers have been performing well since the start of the season," said Roslin. "With that form, it's not impossible to make the final. "However, the real concern lies in the singles. Goh Jin Wei is unpredictable, but if she can secure a point, it could tip the balance in our favour." Roslin is confident in Malaysia's strength across the doubles events. "Our men's doubles pairs are solid, while Pearly Tan-M. Thinaah are strong in the women's doubles. "Previously, we lacked strength in mixed doubles, but now we have Goh Soon Huat-Shevon Lai and Chen Tang Jie-Toh Ee Wei, both ranked in the world's top 10." The BA of Malaysia (BAM) have named a 20-player squad, featuring Leong Jun Hao, Justin Hoh, Jin Wei, K. Letshanaa, Goh Sze Fei-Nur Izzuddin Rumsani, Aaron Chia-Soh Wooi Yik, Man Wei Chong-Tee Kai Wun, Pearly-Thinaah, Go Pei Kee-Carmen Ting, Soon Huat-Shevon, Tang Jie-Ee Wei and Hoo Pang Ron-Cheng Su Yin. Malaysia's best Sudirman Cup results came in 2009 (Guangzhou), 2021 (Vantaa), and 2023 (Suzhou), where they reached the semi-finals. Roslin stressed that preparation and unity will be key if Malaysia are to go one step further this time. "We had a strong team in Suzhou with Lee Zii Jia, Aaron-Wooi Yik and Pearly-Thinaah, but something was missing and we only made the semis. "Building strong team spirit, especially between national and professional players, will make a difference. "I was a professional once, but when called up to training camp, we always focused on creating a sense of unity and playing as one for the nation."
