Group Insurance in Ontario
Are you satisfied with your group insurance premiums? Do you have all the coverage you would like to provide yourself or your employees? If not, there may be an easy solution to this problem. Did you know you can receive the benefits of group coverage if you are a member of Lindsay & District Chamber of Commerce & affiliated Kawartha Lakes Associated Chambers of Commerce? This also includes volunteer firefighters. Here is an example, of how group coverage can help people not only save money, but enjoy much better insurance protection for their homes, autos, and family.
Bert C ran a local garage and business was very good. In fact, he recently hired 2 more certified mechanics and extended his business hours to accommodate the increase in customers. However, Bert had one problem. Recently, he lost some of his best mechanics to other services in Ontario, and it was because the men could get better benefits like insurance.
Bert knew he had to improve his insurance program and recently he read an article about the many benefits of group coverage. He soon discovered an independent agency offering excellent group programs for members of the local Chamber of Commerce. Since Bert was a long time member he decided to check it out.
When he talked to the insurance agent, he realized there were some excellent programs available and at very affordable premiums for home and auto insurance coverage. Before long, Bert's employees had insurance protection just as good as or even better than his competition. Plus, a few months later, Bert discovered an even more important benefit to group coverage.
One of Bert's mechanics was involved in a serious auto accident and the insurance claims exceeded his liability limits by many thousands of dollars. Bert went to see the man in the hospital and he thanked Bert for the wonderful group coverage plan. Thanks to the group rates, he was able to afford an umbrella liability policy and it covered the expenses in excess of his liability maximum. This is only one example of the many good things that can happen with group coverage.
What is Group Insurance?
Group coverage is insurance for through specific groups or organizations. In Canada, it is usually purchased through an insurance brokerage because they can get much better rates than individuals or companies. This type of insurance often includes auto and home insurance and may also offer life insurance.
Who Benefits from Group Coverage?
If your association or business is a part of a large organization, you may benefit by buying your coverage through a specific broker. In fact, the savings can be substantial.
Why Group Coverage?
As previously stated, you can often save a lot of money with this insurance strategy. However, there are many other benefits also. Take Bert in the example story. People can save so much, they can afford to buy additional coverage and increase their protection. This can make the difference between a satisfactory settlement and total financial disaster.
Group Coverage and Perks
Many group plans have special offers which may not be available through other sources. You'll enjoy many good things with your home and auto insurance.
Auto Insurance Benefits
You can save money on standard auto insurance, such as:
- 3rd party ability insurance
- Uninsured motorists
You'll also enjoy extras like these on your policy:
- Accident forgiveness
- Replacement rental car (while yours in the shop)
- Emergency travel and medical insurance - for one low annual premium you can enjoy this insurance all year and if you travel a lot, it is a great deal.
- Responsible driver guarantee - your rates won't go up if you have an accident and you have a good driving record.
- Protector Plus - for no charge, you receive $200 tire blowout coverage and $1000 vehicle content insurance.
- Telematics - if you install a special device in your car your rates can decrease as much as 25 percent.
- Home and auto combo policy - you can have both home and car insurance on one policy for additional savings and convenience.
- Umbrella insurance
- Novex free family and legal information services
How Can I Save on Group Coverage?
Stewart Morrison Insurance Group offers a special program for Lindsay & District Chamber of Commerce and Kawartha Lakes Associated Chambers of Commerce, and also for volunteer firefighters. We have been in the insurance business for many years and because we are an independent brokerage we have access to low rates, special offers, and some of the finest insurers in Canada.
We offer claims service 24 hours a day and 7 days a week. Plus, you are guaranteed a 30 minute response time. If this does not happen, we will refund your premium (up to one thousand dollars).
Our insurance experts are here to help you find the right kind of coverage for your needs and budget. Fill out the quote form now for a free group insurance quote. You may also call us toll free at 705-324-6681 for more information.