All about available Insurances with us
Why do we need medical and dental insurance? If you don’t have individual or group medical and dental insurance, medical bills can go up quickly. The provincial plan OHIP does not cover many medical services, such as dental treatment, massage, vision, hearing, etc. So one has to pay out-of-pocket if required and buy a private…
A RESP Child Plan is the best way to invest in your child’s educational future The Registered Education Savings Plan is offered by the government of Canada for the purpose of saving for your child’s higher education. With this tax-advantaged plan and a grant from the government of Canada, you can save enough to pay…
Emergency Medical Travel Insurance – 10 Million coverage, starting $45/Year, Click any company name to buy now If you want complete package, prices starting at $29/Month, please click the following link to get a quote Why is Medical Insurance for Truck Drivers is Required? First, the Canadian provincial health plans do not cover medical care…
Why do we need 3 Month Waiting Period Health Insurance? If you are entering Canada for the first time or have lived outside Canada for 182 days (212 days in Ontario), you must wait 90 days for provincial coverage and probably need 3 Month Waiting Period Health Insurance while waiting for provincial coverage. Which is…
What is the Visitor Visa Canada? Unless you are a citizen of a visa-exempt nation, you need a visa to enter Canada as a student, permanent resident, to work or explore Canada.A visitor visa, also called a temporary resident permit (TRV) or 10 year multiple entry visa, allows holders to stay in Canada for 6…
Canadian Student Studying AbroadInternational Student Studying in Canada Why is the international student insurance required? It is wise to purchase medical insurance for your own safety, regardless of whether you are studying abroad or travelling. At first, living away from family abroad can make it difficult to bear the burden of education and to take…
What is critical illness insurance? A coverage for deadly diseases such as cancer, heart attack, major organ transplant, deafness, coronary bypass surgery, etc. is called critical illness insurance. An insured receives a tax-free benefit from the insurer if diagnosed with a condition. In Canada, almost all insurance companies offer this coverage for 4 to 25…
When you cannot work, disability insurance works for you. Besides being tax free, disability payments help protect your savings when you cannot earn a living. When buying a disability plan, consider:-Benefit Amount – The monthly amount that can be paid out after a claim is called the benefit amount.Payout Period or Benefit Period – The…
What is term life insurance? A term life insurance policy lasts for a fixed period, such as 10, 20, 30 or 40 years. The best thing about term life insurance is the price, but the downside is that you will be uninsured after the term ends. Life insurance policies end with surrender or maturity, not…