life-insurance

Life insurance as easy as 1,2,3.

A smart financial plan includes life insurance. We can help you to select the type of insurance most suited for you and your family based on your circumstances and needs.

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    FAQ's

    Frequent asked questions

    If you have a family who you look after then this is for you. Life insurance is like a savings which you make for your loved ones. After you die, the beneficiary can take up that money for survival. It is better to take life insurance as early as you can. This helps you in lowering the premium. By paying a low premium you can avail of the same facilities which the high premium payers avail. The agents at our company don’t collect any extra charges. Life insurance considers suicidal events as well. The terms and regulations for such events vary. If someone commits suicide, there are different criteria for it. You can read the policies and can find suitable insurance for yourself. You can easily get the coverage by filing a claim in our company.

    Both children and adults can go for health insurance. The age limit for a child plan is 16 days to 18 years. An adult can enter into a health insurance plan up to the age of 70 years. Health insurance helps you in paying off the huge hospital bills. Not everyone can bear medical expenses. Generally, medically unfit people have to pay a high premium. Also, if you have smoking and drinking habits then you are bound to pay more. It is empirical that these habits will damage your body. The amount of premium you pay is determined based on various factors. These factors include your age, height, weight, health status, etc.  You can avail of an insurance plan through our online portal as well.

    The amount of insurance coverage determines the premium. Even if you get late in paying the premium, a grace period is provided. But it shouldn’t become your habit. We don’t penalize you for late premium payments. The policy ceases if you don’t pay the premium of the term policy in the grace period. If you have made double payments then we refund the extra money. This process requires a considerable amount of time. No sooner did we refund the money, it reflects in your bank account instantaneously. 

    Yes. The insurance underwriters need to know the amount of your income. This amount helps in determining a suitable insurance plan for you. You might choose a plan with high coverage. High coverage plans require high premiums. You might not have the potential to pay the premium amount. Insurance exists to secure your life and not to put you in danger. This is the reason why we ask about your family history. Calculation of the property and assets you own determines your net worth. We at Hyde Park Insurance make this evaluation process easy for you. You can meet almost all the financial obligations with an appropriate insurance plan.

    life-insurance

    Life insurance

    A smart financial plan includes life insurance. 

    Life is so unpredictable. It is important to have the right plan with you to have peace of mind for you and your loved ones. 

    At Hyde Park Insurance we have a dedicated team of professionals to fill all your simple or complex life insurance-related needs in Burnaby, North and West Vancouver, New Westminster, BC. Our insurance advisors will walk you through the entire process to make you explain everything so that you get the right coverage as per your need.

    Why Life Insurance?

    This question might come into your mind: why do you need a life insurance policy?

    Opting for a good life insurance policy is one of the necessary investments that you can make. Here are a few major reasons why you need to take one.

    Even if any of these situations don’t apply to your life insurance will help you to bear expenses in funeral cases. Hyde Park Insurance advisors will help you determine the exact amount of coverage that you need and make sense according to your current and future situations. 

    Hyde Park Insurance advisors have helped numerous clients to protect their wealth and family through a good and reasonable life insurance policy.  

    Depending on your situation and need, the process of opting for a life insurance policy can be quick and simple with minimal need for documentation or there can be a great deal to consider. 

    Here Hyde Park professionals are there to assist you at every step of the process. We offer independent and expert advice so that you don’t have to go through the entire process alone. 

    Our advisors are here to help you get the coverage you need to keep you and your loved ones safe and secure. 

    Living Benefits of Life Insurance

    Critical Illness

    A life insurance policy will provide you with a lump sum and tax-free benefits in case of your life-threatening medical condition. Some of the critical conditions include heart attack, stroke, and cancer. Policies are designed to support you in your worst phase of life.   

    Disability Factor

    Got any disability because of injury, illness, or both? It is important to understand the distinction between both. If you have taken an injury disability policy and a disability occurred because of illness compensation will not be provided in that case.

    Approaching Hyde Park Insurance Brokers Company will help you get the right life insurance policy that is well-suited for you.

    Feel free to get in touch with our professionals.

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