PolicyAdvisor.com is a free online platform to compare the best life insurance quotes from Canada’s top life insurance companies. It was founded with a vision to make life insurance easier and cheaper to access by Canadians.
If you have ever been in the market in search of life insurance, critical illness insurance or disability coverage, you know first-hand how frustrating the process can be.
Finding a competitive mortgage or savings rate is possible these days with just a few clicks online. Not so with life insurance. Often, in order to obtain a life insurance policy, you may have to meet in-person with an insurance broker several times before finalizing your policy.
PolicyAdvisor.com is changing all that by giving Canadians easy access to many of the best life insurance companies in Canada with only a few clicks required from the comfort of your home.
Read this review of PolicyAdvisor.com to find out about how to compare life insurance rates, save on your policy and get some free advice.
What is PolicyAdvisor.com?
PolicyAdvisor.com is an innovative online life insurance brokerage in Canada for comparing and finding the best rates for life insurance, disability insurance, critical illness insurance and mortgage protection insurance.
Their platform gives you access to 16 top life insurance companies in Canada and dedicated licensed insurance experts who provide free advice and guidance on how to go about choosing the best coverage for your needs.
Some of the life insurance companies they work with are RBC Insurance, BMO Insurance, Equitable Life, Manulife, Canada Life, Canada Protection Plan, La Capitale, Assumption Life and several others.
PolicyAdvisor.com is regulated by the Financial Services Regulatory Authority of Ontario (FSRA).
As of this writing, they are licensed to sell insurance in Ontario and have plans to expand across the country in the coming months.
How To Find The Best Life Insurance Quotes in Canada
PolicyAdvisor.com makes the process of finding coverage and low rates easy for a variety of insurance products. The process takes only a few minutes and when you compare rates online, you can save up to 40% on your premium.
To get started:
- Visit PolicyAdvisor.com here.
- Enter your basic details and choose your coverage amount and term. Not sure about what to choose? No problem, help is just a few clicks away and their licensed advisors can help you out by phone, live chat or email.
- Submit your online application and set up a call with PolicyAdvisor brokers or let them call you to help you through the entire application process, end to end. Simple, quick and fully online.
PolicyAdvisor.com Product Offerings
PolicyAdvisor.com is uniquely positioned to help you with all your important insurance needs.
They offer the following products:
Life Insurance: This is important for those who are looking to provide protection for their spouse and dependents when they pass away.
Critical Illness Insurance: This insurance coverage pays out a lump-sum benefit if the insured is diagnosed with a critical illness.
Disability Insurance: Protects against loss of income if the insured becomes disabled and is unable to work.
Mortgage Protection Insurance: This insurance offers protection in the event that the insured passes away. Their beneficiaries get to decide what to do with the proceeds e.g. to pay off the outstanding mortgage balance and other debt.
PolicyAdvisor.com matches you with the right term life insurance to protect your mortgage. Term life insurance is a better product than what your bank may offer you as mortgage insurance.
Here are some of the benefits you get when you shop for insurance through PolicyAdvisor.com:
1. Access to multiple insurance rates from the best life insurance companies in Canada.
2. A one-stop-shop for all the major insurance coverages including whole life insurance, critical illness insurance, disability insurance and term life insurance.
3. Free service and free access to licensed insurance advisors who provide answers to your questions. Their advisors are salaried and not paid commissions, so they won’t be breathing down your neck in a bid to upsell you.
4. They are an independent insurance broker.
5. You can use their free insurance checkup tool and insurance calculators to assess your insurance needs.
PolicyAdvisor.com is only available to residents of Ontario at this time.
Is PolicyAdvisor.com Safe?
PolicyAdvisor.com is regulated by the Financial Services Regulatory Authority of Ontario. Their rating on Reviews.io shows that they received a Trustscore of 4.8/5 based on 14 reviews.
How do they make money?
As per their website:
We don’t charge our customers any fees. Instead, we are paid by insurance companies when you purchase insurance products through us. That’s why all our research, articles, and insurance tools are available for free to use by our current and prospective customers.
This PolicyAdvisor.com review is positive.
If you are in the market for life insurance, PolicyAdvisor.com can simplify your search and help you to find the best life insurance rates without too much of a hassle.
Issuance of coverage is subject to underwriting by the respective insurance company. The final insurance premium is established and insurance coverage offered by the insurance company only after underwriting is completed.
PolicyAdvisor.com is a free online platform to compare the best life insurance quotes from Canada’s top life insurance companies. This review covers all you need to know.
- Access to multiple insurance quotes from the top life insurance companies in Canada.
- A one-stop-shop for all the major insurance coverages.
- Free service and free access to licensed insurance advisors.
- Independent insurance broker.
- Currently only available in Ontario.