Insurance Service

If you are questioned ‘what is your most valuable asset?’, what would be the first thing that would come to your mind? Your answer might be a car or your home, or anything related to your property. But have you ever thought about your ability to earn a living? That is one of the most important matters that provides ultimate support to you and your family. In instances when one loses the capability to maintain regular earnings due to some critical illness or major accident, there arises a mode of supreme tension and one finds them self to be highly emotionally stressful. To tackle this sort of situation, you need to have an income protection scheme, that is, disability life insurance in Canada . What is disability insurance? It is a kind of insurance policy that starts working when you cannot. This becomes mainly applicable when a person suffers from some prolonged illness or major accident which is taking time to recover and may even take a year or more. In that case, it becomes diffic...

Human life is full of uncertainties. A person enjoying his birthday party now does not even know what is going to happen to him at the very next moment. People work hard, earn ample amount of money and strive to make a better and more secure life. This can only be achieved with full dedication and hard work. They plan and work according to create a safe and secure future. But sometimes God has a different plan for each person. The most uncertain and unexpected incident occurs and everything takes a massive turnaround. An accident, be it a minor or a major one, can bring a significant change in one’s life. And most importantly, if the incident occurs to the earning member of the family, matters get even worse. It is the family who suffers the most as they have to spend a huge amount on the treatment and along with that the accident directly affects the income of the family. In some cases, the patient suffers for more than a year or becomes disabled to work any further in life, which res...

Life Insurance has been one of the most common practices in this contemporary world. Over the past few decades, due the constructive development of this industry, many companies are coming up to provide a wide range of policies for the residents of the country. Don’t let this wide range of availability confuse you. In case you are in Canada, you may avail the best life insurance policies provided by the companies near you who will guide you in the best possible way. What is Life Insurance? Life Insurance is basically a bond made between the company and the policyholder which provides a lump sum amount of benefit to the beneficiary in case of death of the insured person within a certain period of time. Though it may not always happen in such a way and in that case the insured person will be receiving the exact amount paid as premium. How to purchase? To avail this service, you have to pay a certain amount as yearly premium to the corning company. In Canada, there are companies who are ...

When you are applying for a super visa, you must have a proper idea of the requirements. Super visa insurance is important when you are travelling with your parents or grandparents. An insurance plan will help you to be prepared for a medical emergency and let you get access to the best healthcare facility. You will be able to admit your parents or grandparents to a prominent hospital and cover all the hospital bills without digging into your savings. Why a super visa insurance plan is important: Medical emergencies are unforeseeable. And you will never know when your parents and grandparents will start to have health issues while staying in Canada. you may not have the funds to take care of all medical expenses and hospital bills if the treatment is quite costly and your parents and grandparents are not under the Canadian healthcare system. With a super visa health insurance plan, you can keep away such worries and live with your elders peacefully. When you have a proper insurance pla...

Under the Immigration, Refugees, and Citizenship Act of Canada, if you wish to remain in Canada with your children or grandchildren for longer than six months, you will be required to have a "super visa."  Duration of Super Visa: In Canada, a typical visitor's visa allows tourists to stay in the country for a maximum period of up to six months. However, a Super Visa permits stays of up to five years at a time, with the opportunity to extend them further. With Super Visas, parents and grandparents( who are residing in other countries) of Canadian inhabitants can make multiple entries into Canada for a period of up to 10 years. Super Visa Insurance:  For visiting, parents and grandparents who want to stay in Canada with their children and grandchildren for an extended period using the Super Visa scheme must have medical insurance from one of the Canadian insurance companies. The government of Canada makes this requirement mandatory because medical treatment is very high ...

If you were suddenly disabled and unable to work, how would you continue to pay your bills? You can get help if you purchase disability insurance coverage in Canada, and it's probably less expensive and easier to get than you think. You can feel safe and secure knowing that you are covered by personal accident disability insurance wherever you are in the world. In the case of an injury sustained in an accident, the following is included in your coverage : In the event of an accident that leaves you permanently blind, deaf, mute, or without a limb, you will obtain insurance coverage without delay. You can receive monthly payments, select between whole and partial disability, and set the duration of your benefits. If you are hospitalized due to an accident, you will earn $100 per day for up to a year on top of the monthly accident benefit. In the event of your demise, you will receive up to three times the amount of the most recent monthly payable accident claim payment. You should...

The government of Canada introduced Super Visas in 2011 to deal with a backlog of applications from visitors who wanted to extend their stay in the country. The Super Visa can be used for up to ten years by qualifying grandparents and parents of Canadian residents and citizens. Unlike an ordinary visitor's visa, which only permits a six-month stay in Canada, the Super Visa provides for stays of up to two years with the opportunity to apply for an extension. Parents and grandparents of Canadian citizens and permanent residents must obtain legitimate super visa insuranc e before applying for the visa to be eligible. It assists with medical bills, the cost of prescribed medications, hospitalization, and deportation fees. Major requirements for this Super Visa Insurance policy - The applicants must have medical insurance from a Canadian insurance company before their arrival. Medical examinations by licensed physicians in Canada are also required for all applicants. A minimum of $100...