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Insurance Broker Vaughan
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Insurance Broker Vaughan
Reliable insurance brokers in Vaughan
When it comes to insurance policies, we can understand how difficult it may be to choose one that meets your financial needs. Whether you are looking for a policy that can offer coverage for medical treatment or something more wholesome that will help you and your family avoid a financial crisis in case something unfortunate happens, with so many products available in the market, which one will you choose? Well, you do not have to worry about that anymore. Our team at Canadian L.I.C. is here to help. Schedule an appointment today and discuss your insurance needs with us today. Our insurance brokers serve both domestic and commercial clients across Vaughan.
Your local insurance brokers in Vaughan
With over 20 years of experience in this line of trade, our team of expert insurance brokers at Canadian L.I.C. is here to take care of your insurance needs. Our insurance brokers understand how important it is to have a comprehensive insurance policy in this day and age. That’s why our team will make a note of all your requirements, compare all similar products from our extensive range of insurance policies and present you with suitable options that are within your budget. We have affordable insurance options and professional advice to minimize insurance costs! If you’re not sure about which policy you should choose and need help, we will be more than happy to be there for you. Due to our expertise in this line of work, we can share all the details that you need to make the right decision. From submitting the paperwork to making sure that you have a competitive premium rate, Our insurance brokers will do everything. Schedule a consultation with us to find out more. You can request a quote as well.
Why choose Canadian LIC in Vaughan?
You may be wondering why you should hire our team when there are so many other insurance brokerage firms available in the market. Well, here are some reasons for you:
- You will be working with a customer-centric team of insurance brokers who will ensure that your financial requirements are met.
- We will see to it that you get an affordable premium rate on your insurance policy.
- Even after all the paperwork is done and you have the insurance policy, we offer after support in case you need any help.
- You can contact us if you need help with a claim. Our insurance brokers will follow up with the insurance company and see to it that it’s quickly processed.
- We will customize the policy details as per your requirements and can help with renewals as well when the time comes.
- Our firm is connected with several well-known insurance companies, which gives us access to a large portfolio of different types of insurance products; you will have many options to choose from.
With Canadian LIC, you will have a team whose top priority is your interests; we work for you and not for the insurance company.
Get the best Insurance Quote from Canadian L.I.C
Call 1 844-542-4678 to speak to our advisors.
Life insurance policies- a financial safety net
Life insurance policies- a financial safety net
Working with several major insurance companies gives us access to an extensive pool of insurance products that covers everything from whole-life insurance to money back- insurance. You can choose the option that suits your financial needs, and we will be here to assist you in deciding.
Term life insurance
With both options for flexibility and affordability, Term Life Insurance has always been one of the go- to policies for Canadians. The term can be anywhere between 5 to 40 years and comes with an option to renew as well. You can get in touch with us for further details.
Whole life insurance
Whole Life Insurance, as the name, provides complete financial protection to you (the policyholder) for the entirety of your life. Other than that, you also gain tax benefits on your income if you purchase this policy. You will have the option to use this insurance product as a savings vehicle as well.
Universal life insurance
Consider this as a form of permanent life insurance. However, one of the primary differences is that it comes with a cash value component which can grow over time, and it is tax-free. You can invest in it through GICs, market money accounts and segregated fund investments and withdraw from it whenever you want to.
Million-dollar policy:
The payout for this insurance is a million dollars. If the policyholder passes away, then the payout will be transferred to their family. They can use the money to pay for the funeral and manage it monthly.
Money-back insurance:
You can add this policy as a rider to your existing life insurance policy as well. One of the main advantages that you get is that you get a portion of your premium back completely tax-free. You can use the funds as a source of regular income.
Additional insurance policies that we offer
Alongside the range of life insurance policies that we can help you with, some of the additional policies you can contact us for are:
Critical illness insurance:
Critical Illness Insurance offers coverage for the treatment cost of policyholders who have been diagnosed with any life-threatening condition. Some of the critical illnesses whose treatment costs are covered are- cancer, multiple sclerosis and kidney disease- to name a few. Starting from treatment and surgeries to hospital stays and aftercare comes coverage under this type of insurance.
Disability insurance:
It’s the ideal solution for any individual who cannot go to work in an office due to a physical disability. The policy coverage helps in replacing 60% to 85% of the policyholder’s annual income. You can use the funds for your monthly expenses. There are medical benefits too, if you want to know more, call us.
Loan Protection Insurance:
Loan Protection Insurance can help you clear off your high-interest loans without the stress of becoming a defaulter. Even if you are facing any financial constraint in a month, if you have this policy, then your repayment will be paid in time. You will not have to pay a late fee and will focus on financial recovery.
Mortgage insurance:
Mortgage Insurance is ideal for anyone who is always worried about falling behind on their mortgage payments. With this policy in place, all your primary mortgage payments will be made on time, and you will not have to pay any penalty. Your credit score will also stay intact. However, you should know that this policy is mandatory if you are paying less than 20% of the down payment when you purchase your property.
Emergency medical insurance:
With emergency medical insurance, you will not have to worry about unforeseen medical costs. The policy covers diagnostic tests, emergency medical assistance and much more. We all know that emergencies don’t come with a warning sign; emergency medical insurance can make you prepare for it when it comes.
International student insurance:
If you are pursuing higher education in Canada, then you should consider purchasing International Student Insurance. The policy offers medical coverage during your stay in the country and comes with additional benefits as well. Give us a call if you need help with the application.
Commercial insurance policies for small and large businesses
Some of the insurances that we offer for our commercial clients are:
Key Person Insurance:
Key Person Insurance policies are one of the most important insurance products you can invest in if you are operating a business with a partner. In the unfortunate event of one of you passing away, the insurance can help you run and sustain your business. You can utilize the funds to manage daily business costs and clear loans.
Group Insurance:
A well-rounded Group Insurance policy for your employees can help in reducing absenteeism as well as increase productivity and thereby help in growing your business. The family members are also under coverage for this policy. It offers physical and financial peace of mind for them. For further details, call us. Let’s break down the advantages of having our local, independent insurance brokers working for you.
Estate Planning:
Establishing trustees and making sure that your beneficiaries get their rightful inheritance- are only some of the benefits that you get with estate planning. This can policy can help in minimizing the taxes and expenses on your estate as well. If you have any queries, contact us to get them resolved.
Buy-Sell Agreement:
With a comprehensive buy and sell agreement in place, your family and business can avoid financial issues. It provides coverage for individuals with medical trauma and permanent disabilities as well. If you want to know more, feel free to contact us. Our insurance brokers are based in Vaughan. Our insurance brokers in Vaughan look forward to meeting you.
Get the best Insurance Quote from Canadian L.I.C
Call 1 844-542-4678 to speak to our advisors.
Offering all-encompassing travel insurance solutions as well
Canadian LIC can help you with travel insurance policies too. Below is a summary of travel insurances that Our insurance brokers offer, have a look:
Super Visa Insurance:
Super Visa Insurance is mandatory for any parent or grandparent staying in Canada for a long term with Super Visa. With this insurance, the policyholder will get coverage for any type of emergency medical treatment. You can also include your pre-existing medical conditions when you purchase the policy.
Travel insurance:
It’s important that you have Travel Insurance whether you are travelling within or outside Canada. You will have the advantage of raising a reimbursement claim for ticket cancellations, trip delays, legal disputes, and damaged baggage, and this can significantly reduce your travel expenses.
Visitor’s insurance:
When you are planning to visit Canada, consider purchasing visitor’s insurance. During your stay here, you will not be covered under the government’s free medical care and without insurance, medical treatments can cost you a fortune. With Visitor’s Insurance, from hospitalization to dental emergencies, everything comes under coverage.
Helping you get the best premium rates
In addition to getting you the insurance policy that you are looking for, Our insurance brokers also make sure that you get an affordable premium rate. This will help you better manage your monthly expenses without worrying about your finances. You can get in touch with us for several investment opportunities, such as RESPs and RRSPs, which you can utilize to save for your child’s higher education and your retirement years, respectively. If you want to open a Tax-Free Savings Account, our team can help you with that, too. Canadian L.I.C. is one of the leading insurance brokerage firms in Vaughan. No matter how small or large your insurance needs are, you can rely on us to provide them. Let’s break down the advantages of having our local, independent insurance brokers working for you. Our Ontario insurance brokers in Vaughan serve both private individuals and businesses. Contact us today.
Get the best Insurance Quote from Canadian L.I.C
Call 1 844-542-4678 to speak to our advisors.
