InsuranceWe offer the following types of Insurance:
Term Life Insurance
Term insurance can often be the best choice for life insurance protection since it can meet your clients' needs now and fit comfortably with their budget. These policies are commonly issued for specified periods, such as ten or 20 years.
Whole Life Insurance
A whole life insurance policy is designed to provide insurance protection for life, with a built-in savings element, provided premiums are paid as specified in the policy.
Universal Life Insurance
Universal life insurance combines permanent life insurance protection with a tax-advantaged investment component. As cash value accumulates, you can use it to pay part or all of your insurance charges.
Disability insurance can provide you with financial security by replacing a portion of your earnings when an accident or illness causes you to become disabled and unable to work or earn an income. Accidents and illnesses are a fact of life. They could happen to anyone at any time. 1 in 3 people, on average, will be disabled for 90 days or longer at least once before age 65. The average length of a disability that lasts over 90 days is 2.9 years. Both personal and business disability insurance solutions are available that offer flexibility and features to help bridge the gap between income and expenses during a disability.
Critical Illnesses happen every day, to young and old alike. Critical Illness Insurance, which can help your clients to protect their assets, savings and business from the high recovery expenses associated with surviving a critical illness. This insurance covers from 4 – 24 critical illnesses or conditions, and provides a lump sum benefit to protect your client and their family’s lifestyle, replace lost income, keep the client’s business going during their recovery period, along with many more important financial situations
Long Term Care
Canadians are living longer today than previous generations. While this is positive, it presents a greater responsibility for financing the long term care required by elderly Canadians. Nursing facilities and home care costs are expensive, and it is difficult to budget for unknown lengths of time. In Ontario, a privately owned facility can cost over $40,000 annually. Add to this the costs of incidentals that may not be covered under government plans, such as wheelchairs or special therapy costs, and an elderly Canadian’s finances may not last the length of time needed.
Insurance products offered through IPC Estate Services Inc.