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Advantages of Hiring a Licensed Insurance Broker

Insurance Brokers

Unexpected medical emergencies can arise any time, even when travelling in a neighboring province or in a foreign country. Therefore, you always need to be careful and prepared to deal with unexpected emergencies. Purchasing the right travel insurance can help financially protect you from the possible costs associated with an emergency medical situation.

When there are so many travel insurance options to choose from, it can be difficult to find the one that best suits you.

A licensed insurance broker can help!

How can a licensed insurance broker help you make the right insurance choices?

An insurance broker is a professional who specializes in insurance and risk management, and their main goal is to provide insurance advice to their clients by understanding and prioritizing their needs. Insurance brokers spend countless hours studying for licensing examinations and learning about the products that they offer, as well as participate in annual training to keep their knowledge current, and because of this they are able to help you understand the terms and conditions of a policy, which may otherwise be complex.

A licensed insurance broker will:

  • Understand your requirements and save you time by doing the research to find you the best policy for your needs
  • Suggest the best products within your budget as a broker works with a variety of providers.
  • Provide options and comparisons, thus reducing the stress of you learning about different types of products
  • Can customize the insurance policy to meet your needs and negotiate the terms with the companies, where applicable
  • Advise and answer your questions before, during, and after the purchase of a policy
  • Assist with documentation in the event of a claim
  • Work in the best interest of you and not the insurance companies

How to choose an insurance broker?

  • Look for online reviews and references
  • Confirm their licenses on the respective insurance council websites
  • Confirm the services they provide

As an insurance broker works for you and not for an insurance company, rest assured that the broker has your best interests in mind when helping you in choosing the policy for your needs.

For better peace of mind contact us to get in contact with a licensed insurance broker in your area for Visitors to Canada Emergency Medical Insurance (VTC), Travel Right Insurance Plans (TRIPs) for travelling Canadians, or our Student Accident Plan.

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