Insuring your home and finances helps you to prepare for any unexpected events in the future. It can also give you immense peace of mind. Whether you’re looking to secure your family’s financial safety in the event of your death, or covering the costs of potential travel incidents, there are several types of insurance I can offer to meet your specific needs.
Darren Robinson offers a number of insurance services and resources to the Barrie, Ontario and surrounding area. To learn more about any of the insurance topics listed, click the links below:
Term Life Insurance
Essentially, term life insurance is a life insurance plan that provides coverage at a fixed rate for a set period of time, known as the relative term. Once that term period expires, the rate of premiums can either be refinanced, or you can terminate the coverage. In the event of death while insured during the term, the benefit would be paid out to the deceased’s beneficiary. Generally speaking, a term insurance policy is the least expensive form of substantial death benefit coverage.
Permanent Life Insurance
Similar to term life insurance, permanent life insurance provides benefit coverage for the event of the insureds passing. However, with permanent life insurance, there is not a set term length. In addition, the rate of the premiums stays continuous until the policy is benefited due to death.
Health & Dental Insurance
While a variety of health benefits are provincially covered, there are plenty that aren’t. Things such as eye glasses, most dental care, including braces, assisted living, chiropractic services and many medical procedures. Purchasing additional health and dental insurance, can provide you and your family with more financial coverage, especially for unforeseen medical expenses that may arise.
Everyone loves to travel and see the world. However, should an emergency strike, it can quickly turn a trip to paradise into a financial nightmare. Travel insurance can assist you in coverage for medical expenses, travel cancellations, transportation accidents, and even losses incurred while traveling such as stolen items or lost luggage. Not only can travel insurance help you financially cover unforeseen costs, but it can also provide you with a strong peace of mind while on vacation.
Much like a life insurance policy, critical illness insurance provides coverage for the insured in the event of an illness which prevents earning their full income. For example, it assists in the event of illnesses occurring such as Alzheimer’s disease, blindness, deafness, cancer, organ failure, heart attack or stroke, multiple sclerosis, paralysis and terminal illness are just a few of the ailments that are covered under a critical illness policy. Critical illness insurance also covers costs associated with the policy holder’s illness, such as surgical procedures, for example a heart bypass surgery.
Having an accident that causes a disability preventing you from earning an income can be a massive financial strain on you and your family. With disability insurance, the policy holder can receive a benefit to subsidize their lost income. Disability insurance can cover injury, serious illness and even mental health issues.
Accidents can happen in the blink of an eye and unexpected costs can arise at a moment’s notice. Thus, it’s important to ensure you are financially covered in the event of a crisis. This will help to cover the cost of your mortgage payments. It will also protect your family’s financial well-being in other areas. By purchasing insurance you not only relieve the financial stress in the event of an emergency or death, but also it will allow you to rest easy with peace of mind that you and your family have a financial safety net in place. If you have any questions about purchasing insurance for yourself, your family or to protect your newly approved mortgage, don’t hesitate to give me a call at 705-315-0156. I’m always happy to walk your through your options while finding you the best rates possible.