Insurance is a contract under which the insurer agrees to indemnify the insured
in case of realization of losses or specific risks. Insurance comes in
many forms and functions, but it is actually only one goal: your peace
of mind. Four good reasons to ensure In some cases, insurance is
obligatory, such as getting a mortgage or drive a car.
Otherwise, the
choice is yours to make sure, but it is a wise decision for the
following reasons :
The insurance savings you worry: With an appropriate
insurance policy for your needs and which guarantees are high enough,
you will be protected against the risks relating to the person and
property, which are inherent in everyday life. Insurance helps to
prevent disasters: In this regard, brokers and insurers provide
information and advice on road safety, theft prevention measures, fire
prevention and reduction of fraud. Insurance facilitates obtaining
credit : Lenders may be more willing to give a personal or commercial
credit if the applicant has adequate insurance to protect the assets
comprising its assets .
Insurance frees capital : Since insurance
protects your assets , you do not have to put money aside for future
losses . This prevention applies to both individuals and businesses.
The three main types of insurance In addition to life insurance and
health insurance, there are three main types of insurance
in Canada in the category of general insurance Auto insurance that
covers vehicles and equipment in case of accident and theft ; Property
insurance that protects residential and commercial assets against the
normal risks such as fire, theft and accidental damage ; Liability
insurance , which covers the insured against the financial consequences
of injury or damage he has caused to third parties. Two key players :
the insurer and your broker The insurance is sold in different ways ,
some of which allow customers to more easily obtain impartial advice and
fast service. Some insurance
companies sell their products directly to customers through their sales
teams or their agencies. By cons , brokers are not tied to any company.
They are independent advisors who have at heart the long-term
satisfaction of their customers. Brokers have access to products from
several companies and , therefore, can find the best price and special
products to meet your needs.
