Menu
Individual Insurance

CSI & Associates can create a plan that specifically suits your budget and your lifestyle. As your coverage needs may vary at different stages of your life, we will help you find a plan that fits your individual needs.

  • Life InsuranceOpen or Close

    One of the simplest and most important ways to protect the financial stability of your family is to have a life insurance policy. In case of your death, your beneficiary will be provided with a tax-free benefit that can be used to pay for your funeral arrangements, pay debts, maintain your family’s lifestyle and contribute to your children’s education.

    Types of Life Insurance:

    Term insurance

    Provides affordable protection for a set period of time. Term Insurance provides different coverage options including Term 10, Term 20, Term 30 and Term to age 65. The premiums are guaranteed for the term period. Depending on your plan, this can be between 10, 20, and 30 years or until you reached the age of 65. Most policies include a renewable and conversion option, subject to age limits. The conversion option allows the insured to covert a portion or the entire Life Insurance amount to a permanent policy (Universal Life or Whole Life) without providing medical underwriting.

    Term insurance may cover the following needs:
    – Debts or loans
    – Mortgage
    – Need for the family while your children are dependent on you
    – Business partnership

    Permanent Insurance

    Provides coverage for your entire lifetime. The premiums are guaranteed and will never change. In the event of your death, your beneficiary will be provided with a tax-free benefit. There are 3 general types of Permanent Life Insurance; Term-to-100, whole life and universal life insurance. Universal Life, as well as whole life can accumulate investments inside the policy that can grow on a tax-sheltered basis. Both types feature guaranteed premiums and cash value.

  • Mortgage InsuranceOpen or Close
    Mortgage Insurance is a term “personal” life insurance policy that is designed to provide funds for the repayment of a mortgage in the event of premature death. Coverage is available for 10, 20 or 30-year periods. You choose the amount of coverage based on your mortgage balance. The policy is convertible to a permanent policy regardless of health, subject to age limits. CSI & Associates will be happy to provide you with a quote.
  • Individual Health and Dental CoverageOpen or Close
    Without a health and dental plan, regular visits to the dentist can get expensive. The same goes for glasses, prescription drugs and many other healthcare needs. If you don’t have employee group benefits, you can obtain individual insurance to cover your dental and medical expenses. If you are self-employed or a small business owner, insurance premiums can be deducted from your business income. Contact CSI & Associates for a quote!
  • Health Care Spending Account (HSA)Open or Close
    As an alternative to conventional group health and dental plans, a Healthcare Spending Account is a great option for self-employed individuals, contractors and small business. It works as an individual account designed specifically for healthcare spending. This type of coverage is easy to use and offers great flexibility for the plan member. HSA is designed with consideration that clients’ needs are unique and gives them the ability to choose where to spend their allocated amount.
  • Critical Illness InsuranceOpen or Close
    Critical Illness Insurance provides you with a lump sum payment if you are diagnosed with a serious illness or disease and survive 30 days. A critical illness can cause great physical and emotional strain, which can be devastating if combined with a financial burden. This is where the critical illness benefit will be of great help, as you are free to use it as you wish. You can seek out-of-country treatment if needed, cover loss of income or even pay off debt. It is estimated that one out of every three Canadians will experience a serious illness during their lifetime? Critical illness can happen to anyone….thankfully, today’s medical advances can help many to survive.
  • Disability InsuranceOpen or Close
    Disability insurance will replace a portion of your income if you are not able to work due to an injury or illness. Being injured or disabled can put a serious strain on your income and your way of life. It is estimated that 10% of Canadians will be injured or disabled for more than 90 days before the age of 65, limiting their ability to work and provide an income. On average, disabilities can last up to 3 years and the potential for a lifetime disability can be a major concern. Accidents and illnesses can happen to anyone at any time. Disability insurance will provide you with an essential income if an injury or disability prevents you from performing your job. Contact CSI & Associates for a quote!