Harpinder Sidhu

Everyone knows how important life insurance is, but even after knowing its benefits, many ignore the reality and choose to go with consequences if we die suddenly without securing the safety of our loved ones who we leave behind. The results could cause your family members a lot, without proper security, you will let them pay a big bill for your final expenses. Life insurance can help you provide financial support even after you are gone. The death benefit paid from a life insurance policy is a tax-free lump-sum amount that can be used in paying your funeral expenses, pay off your debts, help a charity, help your kids, and provide income to your family. You can also leave the lump-sum amount to a trust or an estate. 2 Types of Life Insurances There are 2 categories that fall under Life Insurance, the Term Life Insurance and Permanent Life Insurance. 1. Term Life Insurance The term life insurance pays a death benefit if the person insured dies within a specific perio

when planning a trip to Canada, as there are lot of things that get covered by availing travel insurance. Travel insurance for visitors to Canada is encouraged by the government as well as part of measure to cover critical aspects of a traveller. We are one of the agents that provide best travel insurance in Calgary. We understand the requirement of the people who are keen to travel and what all aspects need to be covered as part of the insurance and provide the relevant travel insurance for Canadians in Calgary keeping in mind all their requirements.  Also, it is important to manage the risk factors as well when planning a travel insurance. In insurance terms, risk is the possibility that a loss or other adverse event may potentially interfere with an organization’s ability to fulfil objectives of insurance seeker. Need to Manage Risks Regardless of the size of your business, risk management strategies are essential because: •    People are now more likely to sue in the event o

Whether you are planning a visit to Canada or possess a temporary work permit, there is a need of an insurance at the time of travelling to Canada. If there is a need to travel to Canada in the IEC Working Holiday Visa, even then there is a requirement to have insurance that is for the entire duration of your work permit as part of plan to travel across the length and breadth of Canada. This is the insurance that will cover repatriation costs. Provincial healthcare and medical cover for the employees or travellers tends not to cover these items hence there is a specific requirement of insurance while planning a trip to Canada. Many firms have policies built especially for the IEC market, which may include True Traveller Travel Insurance. People tend to visit world famous places like British Columbia and Alberta for skiing and snowboarding purposes. If you want to try these activities it is important to ascertain that the insurance policy covers all these aspects and the policy c

Risks do occur, insurance comes in handy An automobile accident, a basement damaged by water or a business getting effected by stock market fluctuations are some risks that people tend to face as part of their daily lives. After the loss has occurred it brings about a massive change in everyday life in a big way. This difficult moment is the time when insurance comes in handy and helps people recover from losses, get back to their normal routine and brings about peace of mind. The way insurance provides help When insurance is bought people tend to invest their monetary savings into a premium pool with so many other like-minded individuals. Some of that pool of money helps people who suffer an unexpected hardship occurring due to multiple incidents like loss from a home fire, vehicle collision or business interruption happening unexpected. Pay outs by insurance companies for these hardships are referred as claims. Insurers are required by law to have sufficient funds to pay for

We would like to share details regarding insurance myths for the benefit of our customers. As a best insurance company in Calgary downtown we are committed to address all queries that our customers may have and enable them to get relevant information. Following is a brief information about the myths and facts of insurance, knowledge of which would be of benefit for the customer. Auto Related Insurance MYTH: If somebody is injured in an auto collision, the medical expenses are paid for by the provincial or territorial government’s health care plan. FACT: Auto insurers pay more for medical rehabilitation costs in Canada than government health insurance plans, workers’ compensation plans and private health-care plans combined. Insurers pay through the accident benefits portion of auto insurance policies, the tort system and health care levies. MYTH: Insurance companies keep changing the rules on what is and isn’t covered. FACT: Auto insurance is highly regulated by provi

The particular modern times have noticed advance progress in science and even technology. You will discover newer and improved treatments for diseases that did not have better treatments earlier. And as a result of these techniques, the life span has increased. On the other hand, one cannot ignore the rising incidence of conditions too. Modern man is increasingly falling ill having some major illnesses. Heart-related illnesses like cancer, organ transplants, and so on are victimizing more men and women. Against the cases involving rising illness, medicine offers also become expensive. The simple hospitalization drains a person of a large amount of money. Picture if you can some major illness. Does a person know the costs involved in the treatment? When you discover the costs involved in these treatments it would surely make your jaw drop. In addition to this if you have Critical illnesses insurance it would not cause damage to your health as well as your savings. Getting Calgary C

Requirement of Travel Insurance for Canada Is there any plan for a Canadian vacation or business trip? Like many of travellers to Canada you also may be wondering about the need of travel insurance for visiting Canada. While it is not mandatory for visitors, there are several reasons trip insurance is highly recommended for Canadian travel as it eventually results in advantages. Canada has a healthcare system that gets significant media attention because it is often regarded as a model for socialized medicine and apt treatment. However, this universal healthcare system does not cover non-citizens that include travellers visiting Canada. As a result, anyone planning a trip to the second largest country should make an attempt to primarily find out whether their current health insurance will cover them in the event of injury or illness outside their home country. If not, then going in for a proper travel health plan and insurance is an appropriate option. We are reputed amongst insura