Insurance Broker Ontario



    WELCOME TO Canadian L.I.C. INC

    Discover Exceptional Insurance Solutions with Canadian LIC

    At Canadian LIC, your search for experienced and reliable insurance brokers in Ontario comes to a fulfilling end. We pride ourselves on offering a comprehensive spectrum of insurance policies tailored to meet the unique needs of individuals and businesses alike. From critical illness coverage to whole life insurance, our goal is to provide you with the best possible premium rates, ensuring that you receive unparalleled value and benefits.

    Why use insurance broker?

    Using an insurance broker in Canada offers several significant advantages for both individuals and businesses seeking insurance coverage. Here are some key reasons why people opt for insurance brokers:

    Expert Advice and Personalization

    Wide Range of Options


    Support and Advocacy


    Professional Standards

    Are insurance brokers worth it?

    In Canada, insurance brokers offer significant value by providing personalized, expert advice that matches policies to your specific needs, potentially saving you money and time. They have a deep understanding of the market, allowing them to negotiate competitive rates and ensure you’re neither under nor overinsured. Brokers act as advocates, especially during claims, making the process smoother and less stressful. Their professional standards and regulatory compliance add an extra layer of trust and security. For many, the convenience, advocacy, and tailored services brokers provide outweigh any perceived costs, making them a worthwhile investment for managing insurance needs efficiently.

    What does insurance broker do?

    In Canada, an insurance broker acts as an intermediary between consumers and insurance companies. They are licensed professionals who provide several key services:

    Their goal is to ensure you are adequately protected by finding you the best insurance coverage at competitive rates, all while offering a high level of personalized service.

    Can insurance brokers get better rates?

    Yes, insurance brokers in Canada can often secure better rates for their clients. This is possible due to several reasons:

    By leveraging these advantages, brokers can provide value by finding policies that offer the best balance of coverage and cost, potentially leading to savings for their clients compared to standard rates available directly from insurance companies or through online quotes.

    Why Choose Canadian LIC?

    Personalized Consultations

    Our team of licensed brokers is dedicated to understanding your specific requirements. We believe in a consultative approach, ensuring that you are presented with various plans that align with your needs. Our expertise allows us to recommend the best options, but the final decision always rests with you.

    Comprehensive Coverage Options

    Canadian LIC stands out in the highly competitive insurance market through our extensive range of policies. Whether you’re looking for protection against critical illnesses, seeking a robust life insurance plan, or aiming to safeguard your mortgage, we have you covered. Our tailored solutions are designed to provide peace of mind and financial security for you and your loved ones.

    Financial Safety Net

    Life is unpredictable, and having insurance serves as a crucial financial safety net. Whether it’s the loss of income due to unforeseen circumstances or the need for financial support in times of health emergencies, insurance from Canadian LIC ensures that you and your family are protected.

    Our Offerings at Canadian LIC Personal Insurance Policies

    Every individual or family has its own story and deserves its own personalized insurance policy. As the key decision-maker for your family, you want to know what your options are, and below-mentioned are some personal insurance plans to protect your assets, family and manage your risk.

    This insurance provides a lump-sum payment if the insured is diagnosed with one of the specific illnesses covered by the policy. It’s designed to ease financial burdens during such a difficult time, allowing the insured and their family to focus on recovery without worrying about financial pressures. The funds can be used for medical treatments, living expenses, or any other financial needs that arise during illness.

    Disability insurance offers income replacement if the insured is unable to work due to a disability. This type of coverage is crucial for individuals who rely on their income to support themselves and their families. It ensures that the insured can continue to cover daily expenses and meet financial obligations without the income from work.

    Mortgage insurance is designed to pay off the remaining mortgage on the policyholder’s home in the event of their death or, in some cases, a critical illness or disability. This ensures that the policyholder’s family can remain in their home without the burden of mortgage payments during challenging times.

    This insurance covers monthly loan payments under specific circumstances, such as unemployment or illness, protecting the insured’s credit score. It’s an essential safeguard for individuals who have significant loan obligations and want to ensure they don’t default in times of financial hardship.

    This insurance is tailored for international students in Canada, covering unexpected medical expenses. It ensures students can access necessary healthcare without the worry of high costs, allowing them to focus on their studies.

    Key person insurance is a critical policy for businesses that rely heavily on the contributions of a few individuals. This policy provides financial stability in the event of the death or incapacity of a key employee, compensating the business for the estimated financial loss that the absence of the key person would cause.

    Business Insurance Policies

    Group insurance benefits employees by covering health, dental, life, and disability insurance under a single policy. It’s an effective tool for businesses to enhance employee welfare, aid in retention, and attract talent by offering a comprehensive benefits package.

    Term life insurance provides coverage for a specified period, offering a death benefit to the beneficiaries if the insured dies during the term. It’s an affordable way for individuals to obtain significant life insurance coverage, with the flexibility to adjust as their needs change over time.

    These permanent life insurance policies offer coverage for the insured’s entire life, coupled with a savings component that can grow over time. Whole life insurance provides guaranteed cash value growth, while universal life insurance offers more flexibility in premiums and the potential for higher cash value growth, depending on how the policy is managed.

    As a holder of a Universal Life Insurance Policy you have options on the terms of the contract you sign. You can select a policy that allows you to take a loan against the cash value the policy has accumulated. You can also, potentially, withdraw some or all of the cash value of the policy.

    This policy guarantees a return of the premium paid to policyholders who outlive the term of their life insurance policy. It combines the benefits of life insurance protection with the assurance of getting back the premiums paid, making it an attractive option for those looking for both security and investment returns.

    Specifically designed for parents and grandparents of Canadian citizens and permanent residents, this medical insurance meets the requirements for obtaining a Super Visa. It provides coverage for healthcare, hospitalization, and repatriation, ensuring that visitors can enjoy their stay without worrying about potential medical expenses.

    This is a legal agreement that outlines what happens to a business partner’s share of the company if they die, become disabled, or leave the company. It ensures business continuity by providing a clear plan for transferring ownership, often funded by a life insurance policy on each partner’s life. This helps prevent disputes and financial strain on the business or the departing partner’s family, ensuring a smooth transition under difficult circumstances.

    Each of these services offered by Canadian LIC is designed to provide security, financial stability, and peace of mind to individuals and businesses, addressing the unique challenges and needs they may face.

    Beyond Insurance: Planning for Your Future

    Canadian LIC is not just about insurance. We also offer investment options like RRSPs for retirement savings, TFSAs for flexible savings, and RESPs for your child’s education. Our advisors are ready to help you plan and secure your financial future.

    Let's Connect

    If you’re looking for expert advice, customized insurance solutions, or have any queries regarding our services, Canadian LIC is here to assist. Contact our team or schedule an appointment today. Experience the peace of mind that comes with knowing you’re well-protected with Canadian LIC.

    Canadian LIC: Your Trusted Insurance Brokerage in Ontario.

    Get in touch now: Call 1 844-542-4678 for expert advice and get the best insurance quote today.


    100% of customers recommend us!
    The Best Canadian Insurance Advisor!

    Ali Shahzad
    Ali Shahzad
    Dealt with Akansha, she was professional and quite helpful in answering all questions
    Nusrat Ahmed
    Nusrat Ahmed
    akanksha....105 great advisor one call solution solved .
    Mithun Das
    Mithun Das
    Was really nice dealing with Canadian LIC for setting up supervisa insurance for my mother. Harpreet from the customer support team was very responsive and I was able to get the things sorted out quickly.
    Chona Limoico
    Chona Limoico
    Excellent service
    Wafaa Hammoud
    Wafaa Hammoud
    highly recommend Canadian L.I.C. insurance. Very knowledgeable, friendly and helpful. I called and got help right away. The service was quick, clear and easy. Akanksha gave the best price and service by following up. Keep it up, great job.


    That’s quite normal, you can discuss your insurance requirements with us and we can advise you on what type of policy would be suitable according to your needs.

    The premium amount may change depending on any change according to the insurance contract.

    In some cases, you may get a part of the premium that you paid overtime for the insurance policy. Contact our team for further details.