We have all been advised to buy insurance at least once in our lives. But we often find ourselves wondering what type of insurance to purchase, why we need it and for how long.
An insurance broker is essentially an intermediary between you and an insurance provider. With an in-depth knowledge of your requirements and the products and services available on the market, they can help you find a policy that is most appropriate to your financial needs.
An insurance broker, unlike an insurance agent, not just sells, but also solicits and negotiates insurance plans on your behalf. A broker also works independently, which in turn allows them to offer you a variety of options for insurance products and services. They take up the higher responsibility of helping you find the best financial product that best suits your needs.
If you are looking to get a new insurance policy or with to ensure that the policy you currently have best suits your interests, then you should consider consulting Canadian L.I.C in registered insurance broker, Toronto. We can help you find the best insurance products and services in Toronto.
An insurance broker acts on your behalf to help you find the most suitable insurance products and services. They can:
Insurance brokers can offer you a variety of services. Some of them include:
Here’s a list of insurance policies that we offer for our client; have a look:
Critical illness insurance plan gives you a one-time, lump sum payout up to the limit of policy. This insurance is to help make sure your family can continue to meet financial obligations if one of the sources of income is lost due to a critical illness or surgery
A disability insurance plan is a way to replace a portion of your income should you find your are unable to work due to a disability. No one ever knows when they’re going to become disabled nor do we know what will cause it, but this kind of insurance is designed specifically to help you despite all the uncertainty you may be facing during this time to cover your minimum payments & Daily expense
Mortgage insurance is a type of insurance that protects the family or policy holder. This plan protects you financially in the event you cannot make your mortgage payments mark of sickness or Injury so you do not default and can protect your credit score
Loan protection insurance is a policy that helps a policyholder financially in times of need. If you are unable to pay your loan due to illness or due to an accident that has led to disability. By investing in this insurance, you can help pay for your monthly loan and protect yourself from being tagged as a defaulter and protect you Credit. Limit are up to 5000 for personal expense and $5000 for business expense.
When you are applying for international student health insurance, you should know that Canadian healthcare rules and regulations differ from province to province. International student do not get Health Card, this student plan covers them all.
Key person insurance is a life insurance on the person who runs the business or is an integral part of it. If you are running a small business, which entirely depends on a key person, it is important that you get him insured.
Group insurance plan provides better coverage and ensures that the physical, mental and financial health of your insured employees are taken care of. It also provides you with a peace of mind and reassures your employees. Group insurance also provides cover to family members of employees. This helps employees to done Taxes.
The term life insurance plans we offer the least expensive and simplest type of life insurance you can find. Whether you need something immediately or are thinking for the future, term life insurance gives you a variety of opportunities to make sure you’re always covered no matter what you choose from 1oyrs, 20yrs or 30yrs or pick a Term.
Whole life insurance is the permanent life insurance policy and paid out to a beneficiary or beneficiaries upon the policyholder’s death, provided that the premium payments were maintained. Whole life insurance pays a death benefit, but also has a savings component in which cash can build up, which can be taken out if needed
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.
If you are wondering, what happens to the premium for your life insurances plan if you survive the whole term, well, you will be pleased to know that both Whole Life Insurance and Universal Life Insurance have a built-in cash value. This comes under the money-back life insurance policy and you can get it back.
Super visa insurance provides medical insurance coverage for parents and grandparents of permanent Canadian citizens and residents. Super visa insurance typically covers: Emergency medical. Hospital care. Emergency dental care.
A buy and sell agreement is a legally binding agreement between co-owners or shareholders. In case one of the co-owner dies or decides to leave the business, the surviving partner can buy the remaining shares of the business
Life insurance plays a very important role in estate planning. Estate planning also provides financial stability for your dependents and family members. It can also be used to pay taxes, fees or clear any debts
Here are some of the reasons why your go-to should be an insurance broker when it comes to find the appropriate insurance option:
A: No. If you have a query or want to speak to one of our brokers, just fill in and submit the contact form. You can even email us your queries. We will get back to you as soon as we can.
A: Speak with one of our insurance brokers and provide all relevant information regarding your financial circumstances and insurance needs. Your broker can advise you on how much coverage you need and your best options.
A: Your insurance broker can help you evaluate if it is better to renew your term policy or re-qualify altogether. They will assess your next steps and help you formulate an insurance strategy.
Mrs. Harpreet Puri is always friendly and professional and answers all of our questions with infinite patience. Helped us a lot in our health insurance. She is the best advisor.
Wonderful personality and very professional lady . Best knowledge of all the product and I m so happy with her service. Thankyou