Insurance Services
Please click on one of our insurance types to learn more:Life Insurance
- Term Insurance
Term life insurance plans cover the insured for a specific period of time, typically 10 or 20 years. Often this type of insurance is purchased when you need the maximum amount of insurance you can afford to cover a specific situation (such as young families with a mortgage). You can purchase mortgage or loan insurance from the bank when you receive the loan and typically your premiums will remain the same over the term of the debt. However, the benefit paid out upon death is only for the debt remaining. This benefit is paid to the bank, (the bank being the beneficiary), not your spouse or partner who may be financially crippled upon your passing. Another form of Term Insurance is called Term 100. It is actually a form of permanent insurance which will pay a guaranteed death benefit to the beneficiary.
Advantages
- low cost (initially)
- term of coverage can be matched with needs
Disadvantages
- expensive for longer terms
- no cash surrender values
- term is limited
Talk to an agent for specific details and coverages (705) 309-1234
- Permanent Insurance
Advantages
- guaranteed death benefit
- never have to re-qualify, regardless of health changes
- perfect for long term financial risks (taxes, final expenses etc.)
- premiums typically remain the same for the life of the contract
Disadvantages
- more expensive than term for comparable dollar coverage
Talk to an agent for specific details and coverages (705) 309-1234
- Universal Life Insurance
Advantages
- very flexible
- tax benefits
- good for estate planning
Disadvantages
- risk involved with investments (as with any)
Talk to an agent for specific details and coverages (705) 309-1234
Cancer Plus Health Benefit Plan
Features:
- up to $10,000 paid directly to you for you to spend where you see fit
- no medical or family history questions
- family coverage available
See PDF for more details (click here).
Talk to an agent for specific details and coverages (705) 309-1234
Disability Insurance
Features:
- cash paid to you to spend anyway you see fit, up to $6000/mth
- Partial disability benefit
- $100/day accident hospitalization benefit (up to $3000/mth)
- accidental death benefit
- waiver of premium when on disability
- ambulance benefit
- strain and sprain coverage
- 24hr a day coverage, anywhere in the world
- pays on top of any coverage you may currently have
Talk to an agent for specific details and coverages (705) 309-1234
Critical Illness Insurance
Take 5 minutes and think about all the people you know who have had a heart attack, stroke or cancer. Everyone knows several people in that unfortunate situation. Maybe a critical illness has touched your life directly. It could happen to you. With medical advances today more and more people are surviving what would have been a fatal circumstance just a few short years ago. Unfortunately the financial strain that may arise is just as hard to survive. The solution to the latter is Critical Illness Insurance. Covering many illnesses from the ones mentioned above (depending on the plan) to others including kidney failure, M.S., blindness, deafness, coronary bypass, organ transplants and more, this insurance is both affordable and offers the family piece of mind knowing that the financial strain will not add to the unfortunate situation that now befalls them.
Features:
- cash benefit paid directly to you on initial diagnosis
- recurrence benefit for heart attack and stroke
- convalescent facility benefit
- day surgery benefit
- outpatient cancer treatments
- home nursing care benefit
Talk to an agent for specific details and coverages (705) 309-1234
Hospitalization / Supplemental Health Plan
Features:
- up to $100/day cash to spend as you see fit
- no medical
- convalescence benefit (up to 3x the original benefit)
- family coverage available
- no health questions
- covers accident or sickness from the very 1st day
Additional Coverage:
- day surgery benefit
- home nursing benefit
- OUTPATIENT CANCER TREATMENT BENEFIT
Talk to an agent for specific details and coverages (705) 309-1234
Group Benefit Plans
Features:
- choose from health, dental and long-term disability
- choose the level of coverage that works for you
- easy sign up process
- tax deductible premiums
Talk to an agent for specific details and coverages (705) 309-1234
Final Expense Insurance
We all know it’s inevitable. We’ll get around to it sometime. We make excuses as to why we don’t have any final expenses coverage. We don’t want to discuss our own demise. We need to though. For our family. Do you want them unnecessarily burdened with the cost of a funeral? Maybe one they cannot really afford and hadn’t expected to have to pay for? Do you want that for your legacy? I don’t think so. The cost of a funeral and related expenses can easily be $20,000- or more. Why not lessen that financial burden on your unsuspecting family and take care of it yourself?
We can set up a non-medical required, guaranteed issue plan that will give you peace of mind and your family great comfort. And we can do it today! There are only a few simple questions to see if you qualify.
Highlights of Plan:
- Guaranteed benefit paid out to your named beneficiary (bypassing probate)
- Permanent coverage
- Guaranteed cash values that will grow over time
- Locked in premiums that will not increase
- Over the phone or in-person consultation
Talk to an agent for specific details and coverages. Call us today at (705) 309-1234.
Auto Insurance
Call today at 705-309-1234 or email info@arrowins.ca for great rates and service.
Home Insurance
Call today at 705-309-1234 or email info@arrowins.ca for great rates and service.
Contractor Coverage
Call today at 705-309-1234 or email info@arrowins.ca for great rates and service.