Insurance Broker Mississauga

Professional insurance brokers in Mississauga

Have you ever faced problems while opening an insurance site and looking up policies? Confused with the jargon of the plans? You are not the only one. Anyone new in this market faces these issues and ends up buying a policy that’s doesn’t meet all of their needs. Well, if you get in touch with Canadian LIC before applying for a policy, at least you won’t make that mistake. Our team of professional insurance brokers will ensure that you understand all the fine print of the policies and then make a well-informed decision on choosing the right plan. We are an independent insurance brokerage offer services to customers in Mississauga and the surrounding areas. Schedule an appointment with us today to discuss your insurance requirements with us. We look forward to hearing from you.

A comprehensive range of insurance policies for you to choose from

At Canadian LIC, you get an extensive range of insurance policies available to fit all your needs. Whether you need coverage for a trip that you’re going to make or need insurance for your business, we offer everything. Have a look at the list below of what we have to offer:

Critical Illness Insurance

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

Mortgage Insurance

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

Disability Insurance

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

Loan Protection Insurance

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 upto 5000 for personal expense and $5000 for business expense

Term Life Insurance

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

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

Universal Life Insurance

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.

Money-back Term Insurance

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 Health Insurance

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

That’s only for our domestic clients. If you are running a business and need insurance for your investments, we can help you with that too. Our portfolio of business insurance includes

Key Person Insurance

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

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

Buy-sell Agreement

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

Estate Planning Policies

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

And much more. So, what are you still waiting for? Contact our team and schedule a meeting today to discuss your insurance needs. We can help you in finding an ideal policy that will secure your future from any type of financial crisis.

Flexible plans created as per your requirements

Now, when you are choosing a policy, you might not get everything that you are looking for in a single plan. Sometimes you may get them all but with some extra features that you don’t need but end up paying extra for. With Canadian LIC, you don’t need to worry about that. During our discussion, our team members will note down all your requirements and then we will draw up a plan that specifically meets all your needs. After you have a look at the document and have a clear understanding of everything, we will go ahead with completing the paperwork. This way, you are paying for exactly what you want. Before the meeting takes place, you can request a. free quote too. Call us to resolve any queries you may have, our team members will be more than happy to help.

Affordable premiums

You might be wondering that since we are offering such a flexible service, there might be a catch. Maybe the premium rates would be very high. You couldn’t be more wrong. At Canadian LIC we offer extremely competitive rates on policy interests and premiums. You can go ahead and compare it with the market standards if you don’t believe us.

We understand, that running a household while paying your mortgage and insurance policies can be difficult and we don’t want to put more constraints on your expenses. Contact us today and schedule an appointment. We are available 24/7, 365 days a year.

Secured investment options

You read it right! Alongside offering a wide range of insurance policies, you can get in touch with us for investment options as well. We offer a total of many investment options for you.

Registered Retirement Savings Plan (RRSP): You can use this as a savings vehicle for your retirement years.

Registered Education Savings Plan (RESP): With this type of saving account you can start saving for your child’s higher education and even have some extra cash over the total cost. If they don’t go to college or university you could get money back with interest earned

Tax-free savings account (TFSA): Tax-free savings accounts or TFSA allows you to set aside some amount of money in eligible investments. The savings that you earn through interests, dividends and capital gains are completely tax-free. You can withdraw these savings at any time.

FAQs

A: We will offer various affordable options so you don’t have to cancel your plan with is due to any reason, but if you want to then you can get in touch with our office. Our team can guide you through the process.

A: Finding the right insurance policy can be confusing. However, if you give us all the details then based on your requirements, we can find an ideal policy suited to your needs.

A: In such a case, there is an option where you will get a part of your premium back, you can also renew the policy and continue with us .Depending on the insurance plan. Only with Money back insurance plan

Schedule an appointment with Canadian LIC for further details on all types of insurance policies.

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416 543 9000

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