WHAT IS INSURANCE AND WHY DO I NEED?

    



  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.

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