Life is unpredictable; it is uncertain and throws unexpected challenges at you. Everyone wants to secure their future and protect their loved ones. Whether you’re working as a professional in the workforce or an individual with dependents, it’s essential to have a backup that ensures financial stability due to mishaps. Term insurance, also known as insurance that provides coverage for a certain period, is a powerful tool that can protect you and your family from any mishap in the future. Many insurance brokers in Calgary understand the need and offer insurance design plans for security.
OPCF- 49
It is an agreement (Ontario Policy Change Form-49) not to compensate for loss or damage from an automobile collision. It means where you are not or only partially at fault.
You will not compensated for the following if you choose OPCF-49:
- Replacement of vehicle.
- Substitution of vehicle or replacement value
- Alternative transport like temporary vehicle hire or rental car
- Towing or storage services
- loss or damage of personal items inside the vehicle
You also surrender your legal right to claim restitution from anyone involved in the collision.
Lastly, choosing the OPCF 49 endorsement could violate the terms of the contract if your vehicle is leased or financed because most of these agreements require full auto insurance coverage.
If you choose OPCF-49:
- It only provides coverage for specific incidents that may not be included in a standard policy.
- It helps to increase protection for your vehicle and personal belongings, which enhances your overall coverage.
- It is clearly mentioned in the endorsement that it will help avoid any potential disputes in the event of a claim.
- It gives you protection against various risks, including theft or damage
- It allows you to personalize your insurance coverage to meet your specific needs and circumstances
You want to explore the specialized insurance services that give you a beautiful life journey and live without any worries in future. Various insurance brokers in Calgary that might help you find the right coverage to meet your needs and secure your future:
- Plans for retirement: The retirement phase is when everyone wants to live without worries or hassle-free. Anyone who wants to enjoy retirement and is not worried about finances can enrol in this retirement plan.
- Education plans for kids: Every parent wants a bright future for their kids. Advance planning is required to create a better future. Registration of children in this plan is necessary for better enhancement in the future.
- Life Insurance: Everyone wants to live their life without any worries. Life is uncertain, and preventing uncertainties and securing future life insurance is helpful.
- Tax-free saving services: When you need financial assistance, you can withdraw at any time. These assured tax-free saving services give financial support.
- Group benefits include medical services to employees: As a good organization, it cares for its employees in case they have any medical requirements for the employees’ well-being.
- Serve medical conditions and disability insurance: These facilities are provided to those who face critical illness and financial stress. This insurance plan helps [s them to prevent this disability.
- Also, if you are looking for this kind of customized service to live a better life and want to enhance your overall quality of life, Insurance Horizons offers you the best services that help you secure your future.
