Errors and Omissions Insurance – What is it for?

errorsomissions

errorsomissionsCommitting a mistake or an error is nothing new as this is essentially part of what makes us humans. Even so, if the mistake committed is part of our job, the liability falls on us as there are usually consequences that results from such errors. If the mistake fall on a professional or business setting which involves finances and investments, the consequences may be huge. Of course, when this happens, the person involved and possibly the colleagues involved will be facing lawsuits from unhappy clients.

Real estate is a very serious industry as professional working in this particular sector has certain duties and obligations and thus faces the risk of error or omission in many of their deals. When such is committed, there is a potential to cause financial harm to another. Their liability towards the mistake they make means they will likely be subjected to lawsuits. Real estate is vulnerable to downfalls and agents working for investors should be knowledgeable of the market. If financial losses are incurred, the agents themselves risk of facing lawsuits.

When you handle or deal with finances, it is vital that you properly insure yourself with Errors and Omissions Insurance. Having errors and omissions insurance coverage means you will be protected from loss due to lawsuits filed against you that is related with a mistake or error you have made relating to your job’s responsibilities. In other words, if you are properly insured and the terms of the lawsuit falls under your E&O Insurance Policy, then the insurance company will pay for all the expenses incurred within the legal actions in your defense.

Of course, the main advantage of properly insuring yourself with Errors and Omissions Insurance is that claims that are filed under error, omission, or neglect of duties of the insured that occurs within the policy period are covered. All expenses involving the legal actions shall receive payments. In real estate, the exclusions to E&O are: claims resulting from dishonest act or possibly criminal act committee by the insured; claims involving polluted property; claims that result from damage to another’s property; and claims by the insured doing bodily harm or death towards another.

As with any other type of insurance policies, Errors and Omissions Insurance coverage has liability limits. Of course, the limitation depends on the E&O insurance policy acquired by the insured from the insurance company. In fact, some insurance companies allow more inclusions than others over certain policies. For this reason, if you are involved in such a profession where Errors and Omission Insurance will prove useful to you, it will be in your best interest to acquire one as this will essentially be your security measure against lawsuits. Lawsuits happen every now and then so surely you would not want to get into a lawsuit without any form of protection.

Oil And Gas Insurance Brokers Calgary: Did You Find The Right One?

oilfieldcalgaryHow do you know if you are talking with the right oil and gas insurance brokers Calgary? How sure are you that they can provide you with the help that you need? Indeed, the thought of finding the right insurance policy that will cover all your needs can be a daunting task. Not only are there a lot of options to choose from, but the fact that each one looks as closely as the last one your checked can really make it difficult to choose only one.

But how do others know that they picked the right one and paid for the one that’s worth their money? Is there some magic way of saying that you have found yourself a trusted broker who really helps you and not only aims at stripping you off with some cash? The truth is that there is no need for magic to get to do all these. All you need is a really faith in yourself and this list of must-know about brokers in Calgary.

  • First, you must make sure that you are only speaking with insurance brokers who are licensed. Without license, no one could ever tell you that this option is better than the last one offered to you, no matter how affordable it may seem.
  • Second, you have to keep in mind that your goal is to find insurance that will get you the oil and gas delivered to where it should be. It doesn’t have to come cheap or they never really do. It is after all a business investment, so you couldn’t expect it to come cheap.
  • Third, you must keep in mind that they will try to talk you into buying and at some point you will be convinced, but you have got to ask questions. You should know more about the services that they offer and the extent of the coverage they provide. All these will help you determine whether they are the right one to trust or not.
  • Lastly, always remember that buying the insurance is like a buying investment. You should be able to get the most out of it. At a certain level, it should be able to give you the kind of security that it promises to give. You have to make sure that they won’t falter in providing you with only that.

How to Adjust to Life on Disability

Whether you are on short term or long term disability, adjusting to a new lifestyle can be difficult and oftentimes emotionally taxing on individuals.  Life on disability can be a huge adjustment; not only does that mean that your ailments have left you unable to work but you are suddenly forced to live a more sedentary based lifestyle.  Whether you are on disability insurance for physical or psychological disabilities, understanding your value is one of the most important ways to adjust to your new lifestyle.Adjust to life

Understanding Your Value

Because your workplace has consistently been your form of identity, it can be a challenge for people who are newly on disability to adapt to a different lifestyle.  Just because you are no longer working, doesn’t mean that you don’t have an identity that is valuable to the community around you.  Try finding a passion in a hobby, physical activity, or through volunteering; not only will you be able to contribute to your community but to your personal goals as well.

Get Into a Routine

Coming from a consistent career where you are accustomed to a daily routine, it can be a huge adjustment to suddenly be on disability and not have anywhere to be. However, getting into a consistent routine will help brighten your spirits and give you the motivation to get things accomplished every day.  Whether you’re routine consists of getting up early to go to physical therapy or to go swim a few laps, make sure to include some sort of physical activity in order to get your heart rate up.  Make sure to always consult your physician on what type of physical activity you can work on.

Work Towards a Goal

Working towards a goal is a great way to stay motivated, feel valuable, and boost your self-esteem.  Just because you are collecting disability insurance and are unable to work, doesn’t mean that you can’t set small personal goals for yourself. Working towards a goal is a great way to stay motivated and feel important.  After all, nobody wants to feel like they have failed themselves or their family because they are no longer able to work.

  • Setting Goals: Set Small Goals that are easy to attain at first and then slowly work up to larger goals. Such as setting up a physical fitness goal or a goal to volunteer at your church or some sort of community organization.
  • Celebrate: Celebrate your accomplishments as soon as you finish a goal by doing something nice for yourself.  This will help maintain a strong self-esteem and is a great way to get excited about celebrating new goals.

Annie Babbitt Annie Babbitt writes about her interest in current events, political science, and philosophy. She has worked for a US immigration lawyer for the past 5 years and loves being an advocate for those in need.

Return of Premium on Disability Insurance Policies

Is a Return of Premium (ROP) Rider Worth It?

Disability is expensive enough – why add return of premium?

Return of premium riderFor many people who are self-employed or who don’t have employer sponsored group disability coverage, buying a personal disability insurance policy is a must. This seems like a no-brainer, but most people are surprised at the cost of disability insurance when they purchase it privately.

Yes, disability insurance is more expensive than life insurance. Significantly more! Simply put, the chances of claiming a disability insurance policy for at least one period of long term disability in your working career are about 50%. That means one in two working Canadians will experience at least one period of disability, due to injury or illness, which keeps them off work for 90 days or more. And, if you’re off work for more than 90 days the average amount of time spent on disability claim is 2.9 years! Wow!

The #1 need is income protection

In this article we will discuss the cost/benefit analysis of having a return of premium rider on your disability insurance policy. That being said, the most important thing when buying disability insurance is to have enough income protection in place to ensure that your lifestyle and monthly bills are covered. After that we can look towards building value into a plan with pseudo-equity component which is the ROP rider.

You should never decide not to get disability insurance based on the cost of the ROP rider. This should always be considered an extra feature for those with more than enough disposable income to afford the option. Get income protection first – add value features after.

Is a Return of Premium Rider worth the cost?

There are two main insurance companies that offer a good return of premium rider on their disability insurance policies – Canada Life and Manulife. These riders are very similar. With Canada Life you can get back 50% of all your premiums once every 7 years. With Manulife you can get back 50% or 60% of your premiums once every 8 years.

The rules are simple. You must pay all your premiums over the time period. Secondly, if you have had any claims, the amount of your claim will be deducted from your return of premium amount before payout. So, if you have had a period of long-term claim it is most likely you will no longer qualify for a return of premium payment.

ROP rider on disability insurance is like having “insurance on your insurance”. In case you never get sick and never have a claim a portion of your total premiums will be returned to you, tax free. So, if you never get sick or hurt, and never make a claim, your actual cost for insurance goes down – by a lot!

If you do have a claim then the reality is you paid more for your disability insurance than another person with exactly the same coverage and no ROP rider. So, is it worth it?

ROP Rider Analysis

With just over 50% of Canadian workers NEVER having a long-term disability, then chances are slightly in your favour you will not make a claim (but still the risk is too high not to have disability insurance protection). Let’s take a look at two examples from Manulife’s 60% ROP option (the most expensive rider).

If our client is a 40 year old man, non-smoker with $6,000 of disability insurance, and assuming he is in an office job (class 3A occupation to determine disability insurance costs), his basic premium for a top of the line, professional insurance policy (Proguard from Manulife) would cost $238.41 per month.

If this same man was to take the ROP rider as an option, his premium would increase to $369.54 per month. The rider costs an additional $131.13 per month. No, let’s assume he never has a disability claim during his working career. In this case he would get back $20,530 after every 8 years. His premiums would therefore be reduced by 60%. His actual net premium payable is $155.69 per month. This is a significant decrease over the base premium of $238.41.

Now, let’s assume he did have one period of long term disability, wiping out one of his $20,530 premium returns over the course of him owning this policy. He will still receive back a total of $43,626. His total premium expenditure would be $106,428 (assuming a 2 year disability period where premiums were waived). His net premiums payable are $201.29 per month over a 24 year period. Still a discount!

ROP on Disability Insurance Worthwhile – If you can afford it

For those who have the financial resources to afford this rider, if can be a strong return on investment and protection for your long-term premiums in case you never get sick. I do suggest you invest your money firstly into RRSPs and a TFSA, as these long-term investments allow for tax-sheltered growth of funds and retirement income. Once you are maximizing these investments, you can build in a ROP rider onto your disability insurance policy to create some real value out of disability insurance – which has traditionally been a pure cost insurance policy.

Contact Life Guard Insurance today for a free, no obligation quote and analysis of your disability insurance needs and see whether or not a return of premium rider would be a wise invest for you.

Mortgage! Does the Word Mean Debt or Lifestyle to You?

What Does Your Mortgage Mean To You?

What are you protecting when you insure your mortgage?

personal-life-insurance-vs-banks-mortgage-life-insuranceWhen a family or individual borrows money from the bank to finance a home, be it a traditional mortgage or home line of credit, they are going into significant debt for their home ownership. It would be nice if we could all save up the $300,000 to $500,000 to buy a home in Canada, but that would take too long. We Canadians want it all right now – the big house, nice cars, all our electronic toys, etc. This has led to a culture of debt – we borrow to have the things we want today.

There is Good Debt and Bad Debt

When borrowing money, we’ve all heard the term good debt and bad debt. This basically means that the purpose of our borrowing will either create value or create additional cost. For instance, if you borrow money to buy a car, and that car allows you to accept a higher paying job further away from home because you can now commute to work, this is good debt. If you borrow money to buy a very expensive sports car or big truck which has no practical purpose (just for fun or show) this is bad debt, because the interest on the loan has no real purpose. It just adds cost.

Generally home buying and mortgages are good debt. So long as you can afford the mortgage payments now and in the long-term, a home not only retains its value, it increases its value over time. The interest you are paying on the mortgage can be very costly, but you are also paying off the principle in the home, and building value. Considering that you would need a place to live anyway, you have three choices: 1) Rent; 2) Buy with a Mortgage; 3) Buy with all Cash Down. Since most people can’t afford to buy a house for cash, they really have only two choices. Renting is a pure cost and brings no long-term value. It only provides the home and shelter you need. A mortgage gives you the home and shelter PLUS builds value, in exchange for paying an interest rate on the money loaned to buy the house.

Are you Insuring your Mortgage?

When taking out a mortgage with a bank or other lender, they will invariably offer you a mortgage life insurance policy. Firstly, insuring the very large debt of a mortgage is a good idea, and everyone should have their debts covered in case a bread-winner or caregiver in the family dies prematurely. That being said, there is good life insurance and bad life insurance! The bank’s mortgage life insurance policy falls into the Bad Life Insurance category. And here’s why:

  • The bank owns the policy.
  • The bank controls the policy and will cancel coverage if you leave them for another lender.
  • The bank is the 100% beneficiary of the policy – your family gets $0 cash.
  • It’s the bank’s risk that needs to be insured – they lent you the money.
  • The policy is a declining benefit with a constant premium – as you pay off your mortgage you have less and less life insurance but your payments remain the same.
  • You’re paying the premium for the bank’s life insurance plan!

There is a far better option to having the bank’s mortgage life insurance policy – personal life insurance. Owning a personal life insurance policy is far better for the following reasons:

  • The cost of term life insurance is usually cheaper than the bank’s premium rates.
  • You can cover off more than just your mortgage – you can protect your family’s lifestyle too.
  • You can lock in premiums for a long time, like 20 or 30 years or even for life.
  • The life insurance benefit does not decrease as you pay off your mortgage.
  • Your family receives 100% of the death benefit as a tax free cash payout, which gives them options.
  • You can take your personal life insurance with you where-ever you go, even if you leave Canada.
  • You can choose to have a policy that is similar to buying a home, with a cash value and eventual ownership of the full life insurance benefit.

Are you insuring a debt or protecting your family’s lifestyle?

The question to me is what are you protecting? If you’re only focused on a debt, and making sure the debt is paid off, then I guess you can stick with the bank’s mortgage life insurance policy. It might be a little more expensive than personal life insurance, but it is convenient to buy. But, if your home represents more than just a debt; if it represents your family’s life, a place of love, a place to build a future and fulfill your dreams, then you are protecting far more than the bank’s debt. You should be focused on protecting the future hopes, dreams and lifestyle that your family has, and that requires proper life insurance planning with a qualified and licensed life insurance professional.

If you would like to discuss your family’s life insurance needs, and compare personal life insurance to the bank’s mortgage life insurance policy, please contact us today. We would be happy to provide you with a free, no obligation quote and financial needs assessment to make sure your family is properly insured.

The Dangers of Procrastinating When Buying Life Insurance

Procrastination Can Kill Your Chances of Buying Life Insurance

Life Insurance is here today, gone tomorrow

do-not-procrastinate-when-buying-life-insurance-300x193If you’re like most people, the idea of buying life insuranceseems like a chore – something that is easily put off until tomorrow. Well, for the procrastinator in all of us we know that tomorrow never comes. It’s a funny thing that we all put off important things for “another day”, especially when they seem uncomfortable or costly. Buying life insurance can be both – a discussion about what will happen to your family should you die prematurely and having to pay an ongoing monthly premium. There’s two good reasons to procrastinate when buying life insurance.

Unfortunately, this type of procrastination can lead to some very unfortunate outcomes. Let’s examine the two big ones.

Life Insurance gets more expensive as you age

Some people put off buying life insurance for years and years. I am presently going back and phoning some of the people who contacted Life Guard Insurance over 2 years ago requesting quotes and information. For those whom I never connected with or who never bought insurance, almost 50% never bought anything and are still “thinking about it”.

Every year you age life insurance gets more expensive. This is usually about a 4 – 5% increase of premium each year. When you’re young, and life insurance is relatively cheap, this doesn’t seem to make much difference. But, as you age these annual premium increases can far exceed your income growth and make life insurance unaffordable. Many people who wait too long to buy the life insurance they need often have to settle for a smaller amount of coverage because they just can’t afford the premium for the insurance they should have.

Let’s look at a 5 year delay in buying life insurance, and how big a difference it makes on premiums. For our example we will have two people, both male, both non-smokers, aged 30 and 60. The 30 year old needs $500,000 of coverage, and procrastinates in buying it for 5 years, while the 60 year old needs only $200,000 coverage and he too procrastinates for 5 years. They are both buying 20 year term policies.

30 Year Old – Premium today is $37.68 per month. At age 35 the same policy will cost $40.24. That is a percentage increase of only 6.8% over 5 years. Very low!

60 Year Old – Premium today is $209.88 per month. At age 65 the same policy will cost $314.28. That is a percentage increase of 49.7% over 5 years. The cost of waiting is Very High!

As you can see, the cost of procrastinating when buying your life insurance increases dramatically as you get older.

Life Insurance is bought with health, not dollars

The one thing most Canadians don’t realize is that life insurance can only be bought when you are health enough to qualify for coverage. If your health changes for the worse, like a diagnosis of cancer, there is not way you will qualify for life insurance coverage. It would be like trying to buy home owner’s insurance while you’re watching your house burn down. It’s just too late.

So many times I have been contacted here at Life Guard Insurance by a person who is desperately trying to find coverage after they received bad news from their doctor. And in every case like this the person has told me they always meant to buy life insurance, it’s just that they never got around to it.

There are two outcomes when you are diagnosed with a health condition:

  • 1. You will receive a rated policy, meaning you are no longer healthy enough for standard rates and must pay extra for your life insurance. This extra amount could be as low as 50% more and as high as 250% above standard rates.
  • 2. You could be postponed, meaning the diagnosis is too recent and the life insurance company wants to wait and see how treatment and/or recovery will look like in a year or two. The insurance company is not saying no, just not right now. They might still decline coverage in the future, but if things look good then they will likely offer a rated policy.
  • 3. You are declined for coverage, meaning you are now too high a risk for life insurance and the life insurance company will not take you. Most declines are permanent in nature, so the insurance company doesn’t want to ever see an application from you again.

This is why you should not procrastinate when buying life insurance. Firstly, the cost of life insurance automatically goes up every year you get older. Secondly, you might become uninsurable or be a rated risk and have to pay a lot more for coverage. Both scenarios are less favourable to buying life insurance NOW, while you are healthy (hopefully) and as young as you’re ever going to get.

If you would like to get a free, no obligation quote for life insurance, please contact us today. We would be happy to show you the different options for life insurance in Canada and find the most competitive premiums to meet your needs.

Health Insurance to Protect Your Investments

Proper Health Insurance Plans Can Keep Your Investments on Track

Don’t risk your savings and assets for lack of proper health insurance plans

health-insurance-protect-your-assets-canadaHealth insurance in Canada is so much more than just a prescription drug and dental plan. Have you ever heard the saying, “Your health is your wealth.” Simpy put, we all need to remain healthy to be able to work and provide for our families. When your health goes, your retirement savings, equity in your house and emergency savings plan can quickly follow. With health risks being the #1 financial risk every Canadian faces (much higher risk than passing away prematurely) we need to make sure our investments are secure while we pay the high costs of recovering from an illness.

Critical Illness Insurance to Protect Your Assets

The first line of defence against health risks is to purchase acritical illness insurance policy. This type of insurance pays out a tax free, lump sum, living benefit to YOU, 30 days after diagnosis of a life altering illness or injury. The Big 4 critical illnesses (making up over 80% of all claims) are Cancer, Heart Attack, Stroke and Bypass Surgery. Most policies cover 24 major illnesses and injuries, including the Big 4, and have partial payouts for non-life threatening diagnoses too.

In the case of a critical illness, like cancer, you might have to take years off work to full recover. You might need expensive medications, assistance with daily living activities because you are too sick to cook, clean and take care of the kids. Your spouse might take a leave of absence from work to be at your side through the worst of times – meaning no income to the family and living off savings. This is where a critical illness insurance policy kicks in, providing you and your family with much need cash to take care of financial concerns while you are recovering and undergoing treatment.

Disability Insurance to Maintain Your Income

For those who do not have a group benefits plan because you are self-employed or working for a smaller company without benefits, you need to protect your cash flow. Almost 50% of Canadians will experience at least 1 period of long-term disability! You don’t want to become a statistic. It might not be cheap, but disability insurance is a must for all workers without coverage.

If you are disabled, and can’t go to work, your disability insurance policy will pay you a tax free,monthly income benefit. This will replace your lost income to pay the mortgage, utilities, put food on the table, etc. How long would you be able to keep up your lifestyle and provide for your family if income suddenly stopped? What if you were off work for 2 or 3 years in recovery from a major injury or illness? It happens everyday to Canadian workers, and unfortunately about half of the time they have no disability insurance.

Long Term Care Insurance to Secure Your Retirement

When going into your retirement years, you are probably planning on living on a fixed income. There is often only a certain amount of money available for monthly living expenses, and no more. What if you suddenly had to add an additional $3,000 to $5,000 per month on top of your monthly bills to provide long-term care as you become elderly and frail? This can mean your retirement nest egg might suddenly disappear in a few years, leaving you reliant on adult children to care for you.

What if you had an insurance policy that paid out a weekly or month benefit, tax free, to help with the high cost of long-term care? This is what Long Term Care Insurance does. When you really need help with things like feeding yourself, dressing, bathing, or you are suffering from dementia and can no longer be left alone, your Long Term Care Insurance policy start paying out tax free benefits to help pay the costs of this care. This protects your retirement nest-egg from being quickly depleted and gives you the financial resources to age with dignity.

If you’ve never looked into health insurance plans like these before, we can help. At Life Guard Insurance we are experts in providing individuals, families and small business owners with the health insurance plans they need in Canada. Contact us today for a free, no obligation quote and a complimentary needs analysis.

Did You Wake Up Excited To Buy Life Insurance Today?

I’m Excited to Sell Insurance. Are You Excited to Buy It?

Life Insurance: Probably not the most exciting purchase you’ll ever make

ExcitedI don’t think I’ve ever met anyone who rolled out of bed saying, “This is a wonderful day – the day I buy Life Insurance!” I know that your insurance broker (counting myself among the group of life insurance brokers) is probably a lot more excited about selling you a policy than you are about buying one. And not just because of the commissions he/she will earn on the sale. Your broker understands how proper financial risk protection can benefit a family, how permanent life insurance can offer “investors” a rich and tax sheltered cash value, and how a person’s and family’s future can go on, no matter what life throws at them. We brokers have internal rewards and motivation to sell life insurance policies – not just commissions.

Does buying life insurance make you feel good?

When you purchase life insurance it should make you feel safe, secure and confident you have protected the one’s you love. That should make you feel good. Also, setting aside financial worries, like worrying about what would happen to your family if you died, is also a relief. Once your life insurance is in place you can have peace of mind and those worries are resolved.

Still, getting life insurance isn’t an exciting purchase. It’s not like shopping for a new sports car, or booking that exotic vacation you’ve always dreamed of. Those things are exciting purchases – and they can bring real joy to your life. Unfortunately, life insurance just feels like another bill you’re paying for each month. Something that could be avoided if you turned a blind eye to the possible risks to your life and the financial reality your family would face without your support or income. You can choose to be without life insurance. Sure! I’m not saying it’s a wise thing to do – but you can go without it.

When your family claims on your life insurance policy, that bill suddenly become the wisest investment you ever made!

Being financially responsible has its own rewards

While the process of buying life insurance is not the most fun, the rewards of having a policy that protects your family are great. You know that the tax free money paid from your life insurance policy will be a HUGE relief to your spouse and kids if anything were to happen to you. You’ve set up a plan that will look after their daily needs for years to come, when you are no longer there to provide for them. Making sure the mortgage is paid off, bills are paid, food is on the table, money is set aside for emergency expenses, that children can go to college or university, and your spouse won’t have to sell the house to make ends meet is why we buy life insurance. It’s a good feeling! It’s your way of saying, “I love you and I will protect you.” even beyond the grave.

Now, let’s be prepared. Buying life insurance is actually a slow and sometimes annoying process. Here are the steps to go through before you have a policy:

  • Meet with an insurance advisor/broker and discuss the “what ifs” around your death and mortality
  • Have a paramedical exam – with needles, urine specimens, height and weight measurements, etc.
  • Wait about 6 weeks for the underwriter to make a final decision
  • Meet your insurance advisor again to accept your life insurance policy

Not fast, and not what most people would call A Good Time, but necessary. At Life Guard Insurance our advisors help take the stress out of this process. We can discover exactly how much life insurance you should have, find the most competitive premiums in Canada for you, keep you informed all throughout the underwriting process, and finally be your trusted insurance advisor for years to come.

Contact us today for a free, no obligation quote and/or financial needs analysis to see how much life insurance you need. We would love to help you and become your trusted insurance advisor.

About Life Guard Insurance

A Team of Life Insurance Brokers You Can Depend On

About

Professional, Knowledgeable and Customer Service Focused Life Insurance Brokers

The mission of Life Guard Insurance has always been to provide our online guests with Canada’s best internet resource for life and health insurance information. We believe that educating and empowering our clients helps them make better financial decisions and fosters team work with their personal life insurance broker.

Our goal is to provide you with the best information, articles and online tools to help you understand how life and health insurance will fit into your financial plans. Access our online tools, like the instant life insurance quote, life, critical illness and disability needs analysis tools and our library of video content to educate yourself about personal insurance planning. When you are ready, you can contact us to request personalized service for the life and health insurance policies you are interested in.

We Respect Your Privacy!

At Life Guard Insurance we never ask you for your name, phone number or email address to access any of our online content or tools. They are there to help you learn about personal and business insurance planning and feel comfortable about the financial planning decisions you will make. If you would like to connect with our Canada wide network of life and health insurance brokers you can contact us directly, only when you are ready to proceed. We will never make unwanted contact with our online visitors.

PPI Solutions and Life Guard Insurance are partnered to serve clients across Canada

PPI Solutions is Canada’s Number 1 MGA (Managing General Agency) providing administrative, technical and educational support to life insurance brokers across Canada. Life Guard Insurance has partnered with PPI Solutions to bring our online visitors the very best advice and customer service when contacting a local life insurance broker.

PPI Solutions has offices across Canada, supporting the sales activities of thousands of brokers. They are by far Canada’s largest national MGA, and offer their advisors the best in back-office support, underwriting expertise, client data management, and on-going education and training. The life insurance brokers you will be put in contact with, contracted with PPI Solutions, are the very best in Canada.

Finding the best life insurance brokers in your local area

The local office managers of PPI Solutions’ regional and city offices have excellent relationships with their life insurance brokers. Only the best local life and health insurance brokers are handpicked by their PPI Solutions management team to be a part of the Life Guard Insurance advisory network. You can rest assured that by contacting Life Guard Insurance for your life and health insurance needs, you will be connected to a professional and experienced life insurance broker near you. Your life insurance broker will have an excellent track record in maintaining strong client relationships and serving the needs of their clients over their lifetime.