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Travel Insurance

Importance of Investing

  • Did you know that the average cost of a hospital stay in the US is $10,700/day?
  • Or that the average flight delay time in the US is 66 mins (2018 stats)?
  • Or that 77% of mishandled bags are due to delayed luggage?

Lost  or damaged luggage can be a major delay or expense when you are traveling. These are some of the ways travel insurance can help with the cost and stress of travel related delays or cancellations.

Travel insurance is one of the most important things to pack with you when planning your next holiday. Whether traveling within Canada or outside of Canada, you want to be sure you are able to get home in the event of an accident or illness. And be sure you are prepared if your trip has to be canceled due to a family emergency. Or perhaps you are traveling in a snowstorm and you experience delays or there are problems with the aircraft and you become separated from your luggage? Travel insurance can help you and your luggage get home safely.

Types of Insurances

Companies like Manulife have created travel insurance that takes into account the possibility of getting sick due to Covid-19 and makes sure you are covered if you get this serious illness while traveling.

There are various types of insurance you can get when planning to travel.

Multi Trip Plan

Maybe you are someone who does a lot of travel and wants to purchase a plan that covers more than one holiday or takes an extended holiday to multiple locations?

Single Trip Plan

Perhaps you are planning one big trip for the year and only need the coverage for the days you plan to be away.

There are so many ways to cover yourself so your holidays are worry free.

Manulife or Edge Benefits have various options to suit your needs.

Critical Illness

A must-have in insurance, critical illness insurance is new to the industry and we are experienced in providing this product. The unfortunate truth is that 48% of Canadians will get some form of cancer. This type of critical illness, along with others, can be insured so that when a critical illness arises, you can have financial peace of mind. Being financially comfortable during a time of critical illness offers the opportunity to focus on your healing journey.

 

Life Insurance

Life insurance is the gift you give your loved ones during times of grief. With the right policy, you are better able to ease the financial pressures of your children, spouse or extended loved ones. Some benefits may include ensuring your children’s post-secondary education is paid or alleviating the tax burdens that may arise when assets are transferred to your loved ones. Ask me about the differences between term, whole life, participating life and universal life insurance products and why you would choose one over the other.

Life Insurance Statistics

Life Insurance Statistics

  • 40% of Canadians do not own Life Insurance
  • Approximately 40 million Canadians under 35 are looking for individual life  insurance
  • 38% of Canadians only have life insurance through their employer
  • 49% of Canadians with dependants have never purchased life insurance
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Protection for Your Loved Ones

 Life insurance is the gift you give your loved ones during times of grief. With the right policy, you are better able to ease the financial pressures of your children, spouse or extended loved ones. Some benefits may include ensuring your children’s post-secondary education is paid or alleviating the tax burdens that may arise when assets are transferred to your loved ones.

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Investment Options

Some of the benefits of investing with an insurance broker, is that your investment has guarantees; is creditor protected and avoids probate fees Guarantees offer peace of mind during times of market volatility such as those we have seen since Covid-19 pandemic,. Creditor protection provides individuals and business owners the ability to protect their investments by ensuring assets transfer directly to your beneficiaries. Protection from probate allows your beneficiaries to receive their proceeds without long waits ensuring there are no other claims against your estate.

Ask us about how you can protect your investments.

My Mission

My mission is to educate and give our clients the best possible service to ensure continued support and product knowledge. Contact Diane today to book an appointment.

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