Income Protection Insurances

Canada Life Protection

Canada Life Protection is a leading provider of income protection insurances. Based in Bristol, England, they are part of the Canada Life Limited Group Insurance. Their expertise in insurance ensures that their clients receive the best protection for their needs.

Introduction to Canada Life Protection

Canada Life Protection is an insurance company that specializes in providing income protection insurances to individuals and businesses. The company was founded in 1847 in Ontario, Canada, and has since expanded to provide services in the United Kingdom. What makes this company unique is their commitment to helping their customers protect their income and financial well-being.

Services & Products

Canada Life Protection offers a range of insurance products, including income protection insurance, critical illness cover, and life insurance. Their income protection insurance is designed to provide individuals with financial support in the event of injury or illness that prevents them from working. They also offer critical illness cover, which provides a lump sum payment if the policyholder is diagnosed with a critical illness. Additionally, their life insurance policies provide financial protection for loved ones in the event of the policyholder's death.

Location

Canada Life Protection is located in The Distillery, Glassfields, in the heart of Bristol, England. The area is known for its vibrant arts and culture scene, as well as its diverse range of businesses, including cafes, restaurants, and shops. The company is easily accessible by public transportation, with the Temple Meads train station and the Bristol Bus Station both within a mile of the office. The closest public transportation options include the Temple Meads train station (0.6 miles), the Bristol Bus Station (0.8 miles), and the Old Market bus stop (0.2 miles).

Benefits

One of the main benefits of choosing Canada Life Protection is their expertise in income protection insurance. They have a wealth of experience in this area and are committed to helping their customers protect their income and financial well-being. Additionally, they offer a range of insurance products, allowing customers to tailor their coverage to their specific needs. Their policies are also designed to be affordable, making it easier for individuals and businesses to protect themselves financially.

Good to Know

Customers should be aware that Canada Life Protection is a subsidiary of the Canada Life Limited Group Insurance, which is a large financial services company with a global presence. While this provides the company with a strong foundation and resources, some customers may prefer to work with a smaller, more localized insurance provider.

Reviews

Customers have praised Canada Life Protection for their excellent customer service and expertise in income protection insurance. They have also received positive reviews for their affordable pricing and range of insurance products. Some customers have noted that the claims process can be lengthy, but overall, the company has received high marks for their reliability and commitment to their customers.

Amenities

online quote
phone consultation
financial advice
tailored plan
flexible payment options
automatic renewal
accident cover
disability cover
illness cover
redundancy cover
death cover
repayment cover
injury cover
hospitalization cover

FAQ

What is the maximum coverage amount for your income protection insurance plans?

Our income protection insurance plans have a maximum coverage amount of up to 80% of your gross income.

Are there any waiting periods before I can make a claim on my income protection insurance?

Yes, there is typically a waiting period of 4-52 weeks before you can make a claim on your income protection insurance. The waiting period depends on the specific policy you choose.

Does your income protection insurance cover partial disability or only total disability?

Our income protection insurance covers both partial and total disability. This means that if you are unable to work part-time due to an injury or illness, you may still be eligible for benefits.

Are there any exclusions or limitations in your income protection insurance coverage?

Yes, there are exclusions and limitations to our income protection insurance coverage. These include pre-existing medical conditions, self-inflicted injuries, and disabilities caused by drug or alcohol abuse.

How are premium rates determined for your income protection insurance plans?

Premium rates for our income protection insurance plans are determined based on various factors such as age, occupation, health status, and the coverage amount selected. We offer personalized quotes to determine the exact premium rate for each individual.