Whether you are looking to protect your family or your business, term life insurance offers affordable and flexible protection you can customize to meet your temporary and growing needs.
Most term insurance contracts have coverage for 10 or 20 year terms. Term insurance has rates that increase at the end of every term. However, if your health still qualifies you for new coverage, you can likely get a rate lower than the guaranteed renewal rate. We will help all of our clients decide their best solution upon renewal of their term life insurance policy.
Disability insurance helps protect your income and business if you become disabled and can’t work. With different products available for full-time, part-time or home-based workers, disability insurance is the perfect solution for professionals, business owners, business executives and other employed Canadians. An individual disability insurance plan can help you meet your income requirements so you can concentrate on recovering and returning to an active life.
Whether you need to secure your main source of income, supplement the coverage you receive from your employer or an association, or protect your business, disability insurance can help by providing a comprehensive and portable plan you can rely on throughout your working years.
Critical Illness Insurance
Critical illness insurance helps cover the unexpected costs and potential loss of income associated with a serious illness. From the additional costs associated with medicine and treatment, to travel, home care and specific accommodations if needed, treating and recovering from an illness can have a devastating financial impact. Plus, if you’re unable to work during your recovery, the impact is even greater.
With critical illness insurance, if you become sick with one of the covered conditions covered by your policy and survive the waiting period, you receive a cash benefit. You can then use the funds as you wish.
GMS Travelstar® Travel Plans
With TravelStar Travel Insurance you choose the coverage you need the most. Emergency Medical and Trip Cancellation Coverage can be purchased separately or as a bundle. Plus, when purchasing our Trip Cancellation Coverage, baggage loss, damage, and delay protection is included at no extra cost!
GMS Individual Health Plans
The costs of everyday life can add up quickly. Health care needs can place an additional and sometimes unexpected financial burden on your family. Make sure you're covered for everyday health needs, medical emergencies and rising drug and dental costs with supplemental health insurance.
GMS Immigrants & Visitors to Canada Plans
Whether you’re just visiting, applying for a Super Visa, or planning on making Canada your new home, we're here to help provide for your emergency medical needs while in the country.
The Benefits of Private Life Insurance to Cover Your Mortgage vs. the Bank's Mortgage Life Insurance
- You own the policy, not your lender.
- You choose your beneficiaries and they decide how the money is used.
- Your coverage is portable. No need to re-qualify if you change lenders.
- Your coverage remains the same, even as your mortgage decreases.
- You keep your coverage for as long as you need it provided the premiums are paid.