How to Select the Best Insurance Broker in Ontario?

1. How to Select the Best Insurance Broker in Ontario? Individuals who are planning to purchase life insurance and critical rider covers from reputed online brokers should do a bit for research before selecting the best ones. You can find plenty of reputed intermediaries like insurance brokerage Ajax in the city of Ontario and selecting the best broker is a challenging task. Understand Your Insurance Requirements before Buying Policies If you are buying life insurance policies for the first time, then you should take into consideration the following factors. • Long Term Needs Prominent brokers like insurance broker Ajax offer varieties of insurance policies like limited premium payment, term plans, whole life and critical illness insurance. You should understand your insurance needs before selecting the best products. • Investment or Financial Protection Insurance companies headquartered in Canada offer ULIP which is investment cum life insurance and normal insurance policies that cover legal liability in case of death or disablement. If you are planning to buy a policy for investment purpose then, you should choose ULIP type of insurance policies. • Payment Methods Reputed intermediaries like insurance broker Ajax offer short time and long- time insurance policies for the insured. If you are planning to buy short term plans, then you can pay the premium in one shot and if in case you are planning to purchase whole life or long-term insurance policies then you can choose the periodic premium payment method.

2. You have to use aggregator and comparison websites for identifying the top ten or twenty insurance brokers that offer the best services to the insured. Investors should follow the below steps for identifying the best insurance brokers in Ontario. • Reputation and Popularity of the Brand You should analyze the strength and weaknesses of the insurance brokers before selecting the best broking firm that operates in the city of Ontario. You should also analyze the reputation and brand popularity of the selected broking firms before picking the best one. • Sales Metrics and Methodologies followed by Brokers Proposers should analyze the sales metrics and service methodologies followed by the broking firms. If you are happy with the trade philosophies and service methodologies, then you can choose the best one from the list. Contact: Pranesh Kunhikrishnan Duralegacy 201-1501 Ellesmere Rd, Scarborough, ON M1P 4T6 (647) 351-3872 pranesh@duralegacy.com https://www.duralegacy.ca/ajax/