With this month being February, we wanted to talk about a few matters of the heart, specifically – heart disease and heart-related issues. The Government of Canada’s website notes that heart disease is the second leading cause of death in our country, with 12 Canadians diagnosed with it each hour. Men are also two times more likely to suffer a heart attack than women and are often diagnosed 10 years younger than women are (between ages 55 and 64). While there are lifestyle changes that can reduce your risk of contracting heart disease, sometimes other factors, such as genetics, can lead an otherwise healthy individual to be diagnosed with one of these conditions.

With all this information tugging on your heartstrings, there’s never been a better time to contact Broker Plus Insurance for your Critical Illness coverage. We have various products to suit every client's needs, including No Medical products for clients who have a history of health conditions that may lead to decline with other companies. As Critical Illness policies are paid out as a lump sum, it will not affect any other benefits you may receive, such as employment insurance for sickness leave.

Don't forget about the kids! Parents often overlook children's needs for insurance. Critical Illness Riders can be added to our Term Life policies for as little as $5 a month for all children to be insured under one of our life policies for $10,000.00 in coverage or $10 a month can gain $20,000.00 in coverage. As with all Critical Life Policies, the payment will be made in a one-time lump sum should the child survive the condition's waiting period noted on the policy.

Contact us today for more information about the benefits of having a Critical Illness policy in place. Our stress-free, no-obligation, and no-pressure approach to insurance will make your heart sing!

To request a quote on the products we offer, click here.

*Sources https://www.canada.ca/en/public-health/services/publications/diseases-conditions/heart-disease-canada.html

A new year means a fresh start for many of us, and now is the best time to ensure you stay loyal to your resolutions. Don’t have resolutions for this year, why not rethink your insurance needs to ensure you have the best coverage possible! Often, homeowners take policies that are not beneficial for their needs and lack the flexibility that many families require.  

An example of this flexibility would be allowing homeowners to choose their desired amount of coverage. The benefit of this is that you can insure more than your mortgage amount to account for future planning, such as replacing lost income due to a spouse's death or plan for children’s future education needs.

Another vital function of the products we offer is that all the underwriting is done up-front, not at the time of claim. This means that when a claim arises, the insurance company has already reviewed your health and medical history at the time of application. By having underwriting done upfront, there will be less of a delay in claims being paid than if the underwriting is done at the time of claim.

Finally, I want to make the last point regarding the importance of disability with long-haulers suffering COVID symptoms. With the long-term effects of COVID-19 still being analyzed, having disability coverage in place should you be unable to work for an extended period is imperative. Disability coverage allows your monthly mortgage payment to be paid to the lender, so it won't conflict with any other benefits you receive (both provincial and federal) if they are off work due to COVID related issues.

Contact us today to learn more about our products and just how flexible stress-free insurance can be when you put your trust in Broker Plus Insurance!

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 

The holiday season is finally here, and for many of us, the holidays will look a bit different this year. Family dinners may not happen on the same scale they usually do. There will be no family or friends coming in from out of town. 2020 has been a trying year for many of us, and while COVID-19 has contributed to the deaths of loved ones, other folks have lost loved ones to different conditions. Whether it’s a sudden heart attack or the ending of a long battle with cancer, people lose their lives every day. Regardless of the circumstances, families face similar challenges and the grieving process of those who have lost loved ones this year due to COVID-19.

We’ve seen an increase in homeowners taking insurance seriously during this time. Still, we realize that not all folks are keen on insurance as others. The insurance process can be scary to some, but at Broker Plus Insurance, we try to make it as stress-free as possible. In the wake of this pandemic, the thought of not having insurance should be enough to get folks to re-look at their insurance needs. If this pandemic has taught us anything, we need to look at the safeguards we should have in place, such as insurance, if anything was to happen to our loved ones or us.

Many folks have faced layoffs and job losses during this year. There’s also a common misconception that insurance is an expensive product. While certain factors such as age, smoking status, pre-existing conditions, and the amount of insurance required can lead to a higher premium, there are affordable ways to ensure you and your family have your needs met. For clients who have a history of health issues, we have No Medical options that can be put in place for them to ensure their coverage needs do not go unnoticed.

With the uncertainty that's going on right now, one thing that should be certain is insurance. Contact us today to learn about how our company will go above and beyond to ensure your family’s needs are met.

Happy Holidays and Merry Christmas from all of us at Broker Plus Insurance.
We hope you have an excellent 2021 and stay healthy during the holiday season.

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 

With spooky season upon us, it’s time to socially distance around the campfire for some insurance horror stories! These stories are real and were disclosed to us by the clients we’ve helped place insurance for. While these clients' names have been changed, it’s our hope that these stories will provide you with some insight to prevent you from falling into the same traps these clients fell into.

Jason was declined benefit payout by Group Creditor due to failing to disclose a previous surgery:
Jason is a hardworking 34-year-old who suffered an eye injury at work. This injury resulted in him having to take some time off work due to being unable to see out of one eye. When Jason went to claim his disability insurance benefit with his Group Creditor carrier, he was shocked to learn that the company needed to underwrite at the time of claim, and went to his doctor for further information. Jason was contacted a few weeks later, noting that his disability benefit would NOT be approved because he failed to disclose he had his appendix out at age 16! Jason’s benefit was not paid, and he had to hastily go back to work to make ends meet at home.
At Broker Plus Insurance, all of our underwriting is done UPFRONT, not at the time of claim, to allow clients to have as little delay as possible with their claims being paid out.

Michael declined insurance years ago because he was rated as a smoker due to his consumption of marijuana:
Michael was referred to our company by a friend of his; right off the bat, he became very defensive about why he didn’t think he needed insurance. He told us that he was rated as a tobacco user because he enjoys the odd joint on the weekends with his friends. He was upset that marijuana users were rated the same was as tobacco users and noted he would not take a policy if he was rated as a smoker.
Michael obtained coverage with our standard-issue carrier for non-smoking rates because he smokes marijuana less than 4 times per week!

Samara is a cancer survivor who was declined by Group Creditor and was only offered an Accidental Death policy:
Samara came to our company feeling defeated; she had survived cancer as a child and was told she would be uninsurable with any company. She had been told that an Accidental Death policy was the only product she could qualify for. She was skeptical about taking this policy as it would only payout in the event of an accident. Moreover, the amount insured was only $250,000.00, which wasn’t even half of her mortgage amount!
Thankfully, Samara came to us for a second opinion. We were able to put a No Medical Life and Critical Illness policy in place for her!

Carrie is a tattoo artist who has a history of depression and has attempted suicide twice; she was worried she would be uninsurable for this reason:
Carrie got the best service possible at Broker Plus Insurance. Upon hearing of her medical history and occupation, our life agent tried to put coverage in place with our standard carrier. However, upon her decline with this carrier, our life agent knew our No Medical carrier would provide her with the coverage she needed despite the “high risk” occupation and her history of depression.
Carrie was insured with our No Medical Life carrier with no rating imposed, despite her occupation class and mental health history.

Don’t let the insurance horror stories stop your client from getting a second opinion, with industry professionals who have over 18 years of experience. Contact us today for more information about how we take the tricks out of insurance and provide you, and your family, with the treats of having the best coverage possible!

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 

I remember New Years’ Eve of 2019 like it was not even half a year ago. I had written down some goals I wanted to accomplish in my manifestation journal and was optimistic about 2020 being one of the best years yet, not just for myself but also for everyone. Not many of us could have seen this coming, but 2020 has turned out to be one of the most trying times in modern history. With many folks, including my husband, suffering layoffs from the COVID-19 outbreak, daycares closing, parents becoming homeschool teachers with no time to refresh themselves on how to do long division, its been stressful for many of us, to say the least. 

Let’s be real here, how is everyone really doing?
It’s okay to feel down, miss your family and friends, to stress clean the house for the second time in one day or to let the dirty dishes pile up because hey, you got nothing planned for tomorrow, right?

There is a light at the end of all of this, and as Canada starts lifting restrictions, this light is getting brighter. In times such as these, people are confused as to what they should do next in our changing society. When it comes to insurance, many client’s know that Broker Plus Insurance is the stress-free way to ensure your coverage needs are met. We’ve prided ourselves on going above and beyond for clients during this time by continuing to provide a flexible full-service center here to contact you at a time that works for you.

However, if you are one of the many folks we speak to who are putting off purchasing a home at this time or looking at refinancing their mortgage, it's always beneficial to look at one of the various Term Life products we have available. For clients who may want more coverage, we have Disability options (with 2 and 5 year benefit periods), Critical Illness and No Medical products for clients who may have a history of health issues or who may be hard to insure. We even have child policies!

Going without insurance is not something anyone should put off any longer, especially in light of the current global pandemic. Contact Broker Plus Insurance today for more information on how we’re here to help our clients navigate through this uncertain time.

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 
 

Over the last two months, we’ve seen an increase in clients requesting insurance through our company due to the COVID-19 outbreak, even those who had previously turned it down. When it comes to a person’s health and safety, it’s a natural response to want to know you have all your bases covered should the unthinkable happen. The great thing about Term insurance is that it can be put on at any time. When we tell clients about the benefits of this type of coverage, we find that we catch them off-guard because there’s a lot of misconceptions about the benefits of Term insurance over mortgage insurance. Being able to break down these misconceptions and benefits is one of the best parts about utilizing Broker Plus Insurance for your insurance needs, as our Life Agents can go over these aspects with you in depth.

The Benefits of Term Insurance Are:

• Unlike Mortgage insurance, a client can insure more than their mortgage with Term Life, which means you can cover things like credit card debt, car loans, lost income and children’s education, etc.   
• The benefit amount does NOT decline like mortgage insurance, with premiums often more competitive than mortgage insurance.
• With 10, 20, 30, and 100-year options, you can choose the term best suited for you and your family’s needs.
• 2 and 5-year Disability coverage that pays directly to the lender like mortgage insurance!
• Critical Illness – both 10 year renewable and level to age 75 with a return of premium option.
• Child protection (Life and Critical Illness) for either $5 or $10 per month.
• Underwriting completed up-front and not at claim time. 
• Options to layer Term Life policies, meaning you can customize your short-term and long-term needs by having more than one policy.
• New options for conversions to Whole Life are now available!

 
With what’s been happening in our country with COVID-19, having insurance in place has never been more important. Protect yourself, protect your family, and contact us today for more information.

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 

We’ve been hearing a lot of concerns from our clients about obtaining insurance during this time of uncertainty in our society due to COVID-19. Many clients think that applying for insurance is something that requires to be done in-person, which isn’t the case with any of the carriers used here at Broker Plus Insurance! We can take applications over the phone, and paperwork can be signed and scanned or faxed back to us for processing.

How Do We Make This Work?

• Our life agents are flexible and can contact you whenever it is best suited to your needs.
• We will call you to take your information and then submit it to the insurance company on your behalf.
•  If anything is required by the insurance company, such as a paramedical exam or a telephone interview, we will let you know ASAP so that you can prepare for it.
• Once your policy is approved, we will email you the paperwork to sign and return back to us.
• After we’ve insured the documents were completed correctly, we will email them to the insurance company of your behalf.
• When your policy is in-force (meaning the insurance company has received your signed documents), we will contact you about mailing the original documents to the insurance company.

Yes, it really is that easy to apply for insurance while respecting social distancing. We have access to a wide range of products to ensure that your entire family is covered!

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 
 

It’s the most wonderful time of the year unless you have the mindsets of Ebenezer Scrooge or The Grinch before they had their Christmas epiphanies. However, for many of us, Christmas is a time where we get together with family and friends, celebrate the season, and to spread comfort and joy. While you’re enjoying a glass of eggnog, there are some things that are important to conspire by the fire; and these important things are insurance.

This year, we’re asking our clients to think outside the present box and educate themselves on just how important insurance is compared to that new plasma TV set they’ve wanted.

Why is Insurance The Greatest Gift You Can Give?

1. Unlike new TV’s, they rarely need to be replaced or upgraded every ten years; especially if you choose a 20 or 30-year Term insurance product.
2. The cost of a monthly premium can be as low as a cup of coffee per day. 
3. In the unfortunate event that someone cannot be home for Christmas, their spouse has received the beneficiary payment, which can help with Christmas’ and other life needs for years to come.
4. While the children may want new toys, for $5 or $10 per month, all children who are biological or adopted can be insured under our Term Life insurance as a Rider for Critical Illness or Child Protection Benefit.
5. Have someone impossible to shop for? We have three No Medical products for clients who may be harder to insure due to a history of health conditions, who may not have time for a paramedical exam and for those who enjoy extreme reindeer games!
   

Don’t let your insurance needs fall off Santa’s sleigh, contact us today for more information on how we can ensure you have a holly, jolly Christmas by ensuring their insurance needs are fully met.

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 

Insurance can be equated to a horror movie to many of us, as we never know what’s lurking around the corner in the haunted house of life. While we hope to get out safely, we don’t know if Jason, Freddy or Pennywise is around the corner; waiting to catch us off guard. Unfortunately, what happens to many people, is they run through this haunted house frantically trying to evade the monsters who want to harm us. These monsters are cancer, death of a loved one, disability, and the worst, in my opinion – a critically ill child.

While running through the haunted house of life, frantically does work for some people, it’s not a practical solution to fighting off these monsters. No, you don’t need a knife, hatchet or chainsaw; what you need is insurance. Now imagine you’re trapped in this haunted house with another person named Georgie. Georgie confidently claims, “I have insurance through work, I’m covered three times my salary if I pass away; these monsters can’t hurt me!”

Wrong Georgie, let’s break this down to make it a little easier to see why Pennywise grins from ear to ear when he hears someone say this. Georgie makes $50,000 a year if he passes away his spouse gets $150,000. While this amount is enough to cover three years without him; what about the other years he would have been alive? Does Georgie have children? If so, he will need much more than three years of coverage to ensure his family’s needs are taken care of.

If Georgie was to take a Term 20 policy for $500,000; he would be able to have 10 years of his salary paid upon the time of his death, add the three years he gets paid from work – that’s 13 years of his lost salary wages his spouse will have to ensure his family can safely navigate through the haunted house of life without Georgie.

Don’t fall into the pitfalls of work coverage as the magic potion for your needs; contact us today for more information.

To request a quote on the products we offer, click here.
Or call: 1-877-242-8820 and press 3 to speak with an insurance coordinator. 

It’s summer break, and school is officially out for the kids! If you’re a parent like me, you’re probably already counting down the days until your child goes back to school. While the dirty floors, dishes in the sink and laundry can wait; there is one thing that you should not wait on. What do I speak of, you may be asking? I am talking about something no parent wants to talk about, but that every parent needs, an insurance policy for your child.

Why would a child need an insurance policy?

• Because diseases and conditions such as Cancer, Paralysis, Muscular Dystrophy, and organ transplant and failure have no boundaries when it comes to what age they can onset.
• If your child is critically ill or passes away, do you have at least $10,000 saved for hospital visits, time off work, the last holiday or memorial service?

The thought of having a sick child, or losing a child, is something that no parent should ever have to go through. However, you can take an insurance policy on your children, so if the worst should happen, there is coverage in place to aid your family.

The benefits of placing your child with an insurance policy are:

• For our Child Critical Illness and Protection Benefit Riders for Term Life, the monthly premiums are only $5 for $10,000 worth of coverage or $10 for $20,000 worth of coverage.
• The above Riders cover all current and future children, and any child, including adopted ones, can be insured as long as they are over 15 days old and under age 21 (25 if they are a full-time student).
• We have a standalone Child Critical Illness policy from Humania that covers 27 conditions, including conditions, such as Autism, Cerebral Palsy, and Congenital Heart Disease.
  

Ensure your children are protected by contacting our company for a free, no-obligation quote!

To request a quote on the products we offer, click here.
Alternatively, call: 1-877-242-8820 and press 3 to speak with an insurance coordinator.