Personal and/or Car Insurance

As a newcomer in Canada, or anywhere else, you must have to have an insurance that protects you from financial losses. In exchange for a fee, known as a premium, an insurance company agrees to pay you or your beneficiary if you experience a covered loss.

Types of insurance:

·       Auto insurance: Covers losses from accidents

·       Homeowner’s insurance: Protects your home from damage or injury

·       Life insurance: Helps your family financially after you pass away

·       Health insurance: Covers medical expenses like doctor visits and medications

·       Liability insurance: Helps pay for legal costs if you injure someone or are negligent