Life Insurance for Immigrants

A very large number of immigrants migrate to Canada every year in search of better education, work, business and most of all better life. They all have big dreams and aspirations to make it big in life and be successful through the endless opportunities that Canada provides for everyone. Financial stability and protection is on the mind of every single immigrant should there be any issues with one’s health or the health of a family member. This is where life insurance comes in. A life insurance for immigrants is necessary since it protects your interests and safeguards you against any financial burdens in case of an issue such as death, illness or disability. Life insurance is a contract between a person and the insurance company and if you are planning to get a life insurance, it is necessary that you get in touch with an insurance agent who can guide you through the whole idea of life insurance. Before you get a life insurance there are a few things that you need to know.

First thing to know is that life insurance provides a sort of assurance to an immigrant and the family members of that immigrant in case of an illness, a disability or death. The money received is tax-free. Second thing to know is that every immigrant has a right to purchase an insurance policy for his or her self or family members and as per immigration lawyers in Canada there is no law that forbids an immigrant from buying a policy. The law does not stop a family member of an immigrant from claiming the insurance benefits in case of a death. Third important thing to know is that how much insurance does one need. This totally depends upon a number of factors such as family member and their expenses, which may include food, clothes, health care, education, personal care and housing etc. After duly taking into consideration all these factors, the overall insurance amount has to be decided. Fourth thing to know is that which insurance company should you select. An insurance company that has a record of providing immaculate services and offer trouble free experience is the one you should look for. Getting an insurance policy is a smart idea for all immigrants and if you are new to the idea then you should definitely consult a good insurance broker that can provide you all the necessary details or guide you through the whole journey of getting an insurance policy.

The Different Products of EZ Insurance

EZ insurance is a life insurance specialist and we help you look after what’s important in your life. For us, people are at heart of what we do, and give you alternatives when you need them the most.

Life Insurance is all about protecting the ones you love and providing them the financial security so that they are always surrounded by the warmth of your love, even in your absence.

We offer various types of life Insurance. Although you may feel life insurance covers only your life in the event of death, there are several policies you can choose from:

1. Life Insurance not just pays a lump sum amount to your family in case of death but also provides the same amount when diagnosed with any kind of terminal illness. When the worst happens, your foresight will pay off the debts, mortgage and your children can complete their education and your family’s lifestyle is secured. Thus your family can focus on supporting each other during the most difficult times rather than worry about paying the bills.

2. Critical Illness Insurance/ Terminal Illness if diagnosed or occurrence of any specific listed illnesses such as cancer or stroke. The lump sum amount gives you the flexibility at such a crucial moment. You don’t have to worry about treatment charges or recovery.

3. Income Protection Insurance provides a replacement income if you are unable to work due to illness or injury. It can cover you for short or long periods and offer various waiting periods to suit your needs.

4. Permanent Disability Insurance also pays a lump sum if any disability takes place and does not allow you to ever work again. This amount takes care of your medical costs but also allows you to invest smartly, to have an annual income and maintain your lifestyle.

5. Key Person Insurance is for you or any other appointed person who is essential for the success of your business in case he/she is injured, falls sick or dies. The amount covers the ongoing costs of your business and also the losses incurred.

EZ insurance is just a click away, get a quote today for a policy customized as per your needs.