Insurance Broker Ontario

Looking for experienced insurance brokers in Ontario?

Your search ends with Canadian LIC. We offer a comprehensive range of insurance policies that cover everything from critical illness to full life. Alongside this, we also try to provide the best premium rates possible in this highly competitive part of the market so our clients do not feel that they are paying more for what they are getting in terms of benefits. Our team members will sit down with you to discuss your requirements and based on them, we provide you with various plans. We can also advise you on what would be the best choice based on your needs, but you will always have the final say. If you want to know more about insurance policies or need a quote, then feel free to get in touch with us. We will be more than happy to help you. Call us and schedule an appointment today!

What we offer at Canadian LIC

When it comes to insurance policies, we cater to both domestic and commercial clients. Whether you are looking for a term life option or a million-dollar policy, give us a call. On the other hand, if you’re running a business, no matter how big or small, we can offer potent commercial insurance policies for your business, be it an individual or a group policy. Here’s a list of insurance policies that we offer for our client; have a look:

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

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

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

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

International Student Insurance

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

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

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 Life 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 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

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

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

After looking at that list, you may have an understanding that we offer a variety range of insurance policies depending on your requirements. In addition, you can contact us for investment options as well. If you are planning to save for your golden years, you can opt for the RRSP plan and if you just want to save some money then a TFSA account would be the aperfect choice. Now, if you are a parent and want to save for your child’s higher education, then you can open an RESP account with us.

If you have any queries, feel free to contact our team at Canadian LIC or set up an appointment with us. We will be more than happy to help you.

Round-the-clock customer services

One of the advantages of applying an insurance policy with Canadian LIC is, you get 24/7 customer support from our end. That means, whenever you face any problem regarding a plan or have some queries, all you have to do is pick up your phone and dial 1 844-552-4678 and one of our team members will be with you at a moment’s notice.

We will hear out all your issues and try our resolve them as quickly as possible. We take pride in the high level of professionalism that we offer with our service. This is one of the reasons that most of our business comes from word of mouth recommendations (from our previous satisfied clients).

Also, you should know that we offer a completely tailored service for all our clients. We will only complete the process after you are satisfied with the first draft of the contract. All the paperwork will be handled by us and we see to it that it is done without any hassle. All you have to do is submit the necessary documents and then relax!

Do I need life insurance?

Let’s put it this way. If you don’t have an insurance policy and due to a mishap, you find yourself in a financial crisis, how will you take care of your regular living expenses? Having insurance gives you the financial safety net for yourself and your family. If you lose your job, or if you are in an accident or in the event of you passing away, the insurance company will take care of your loved ones. It doesn’t have to be that serious, even if you are hospitalized for some reason, then a health insurance policy can offer coverage for treatments as well. So yes, it is always advisable to apply for insurance, not only for you but for your dear ones too.

FAQs

A: 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.

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

A: 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.

Schedule an appointment with our team at Canadian LIC and take that first step towards protecting your family from any type of financial crisis.

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