More For Your Family
When was the last time you reviewed your insurance policy? Do you know that your family is properly protected?
Our seasoned insurance professionals are highly selective about which insurance carriers and products they recommend, and they always ensure you understand what you are buying. Have peace of mind knowing you have the right policy that’s there when you need it most.
If a claim occurs, we will support you and/or your family and guide you and/or your loved ones through the process. We will never sell you a policy and then walk away. As a Mumby client, you will hear from us regularly. Keep reading to find out more or feel free to Contact Us for immediate assistance.
Auto or Boat Insurance (back to top)
Finding auto insurance should be about more than just getting the lowest price. At Mumby we work hard to ensure our clients get the best value from their insurance choices. This means that they can have peace of mind knowing that they are well-protected at an affordable price.
Mumby can also assist with your boat insurance needs. Whether a canoe, motorboat, sailboat, or luxury yacht, we can help. And remember, every boater must carry proof of competency. Don’t get caught without one!
Critical Illness Insurance (back to top)
Whether you’re looking for term life, permanent life, or universal life – we can help. We have access to over 20 insurers including insurance for critical illness.
Critical illness is an unfortunate and often unexpected event in life. That is precisely why it is important to consider your protection before you ever need it. Let us help you understand all of your options and make an informed decision regarding your protection.
Health Insurance (back to top)
If you are one of the millions of Canadians without an employer group health plan – and, therefore, vulnerable to health care costs not covered by your Government Health Insurance Plan – supplemental health care coverage should concern you.
For only dollars a day, we can offer you a unique combination of health benefits that provide you and your family with comprehensive coverage. Click the button below to begin. Know that some medical questions are required for this plan. If you have an existing health condition, please contact us and we will be able to help you get the coverage you need.
Click the button above, then agree to the disclaimer to proceed to build your health plan online.
Healthcare Spending Accounts
Here are answers to a few questions you may be asking about health care spending accounts:
Why do I need a Healthcare Spending Account?
A health care spending account covers the day-to-day health expenses for prescription drugs, dental expenses, medical expenses etc. This product is ideal if you are not covered through your employer.
What is the payout?
You are reimbursed on a percentage basis based on the amount coverage on your policy.
How often is payment received?
Payment is received after a claim or receipt has been received and approved by the insurer.
When does it payout?
Payout depends on the insurer and carrier. Payouts can be made anywhere from 24hrs to within a week.
What’s the application process like?
Click the button below to begin the process. There are no medical questions and your coverage is guaranteed if apply within 60-days.
Home-Based Business Insurance (back to top)
Many home-based businesses are either under-insured because the owners thought their business activities were covered under their homeowner’s policy.
If you run a business out of your home, don’t automatically assume your Homeowners, Condominium, or Tenant’s policy has you covered. It doesn’t. In fact, unless your insurance company is aware of your home-based business, you may even void your home policy.
As a business owner, you are exposed to insurance risks that aren’t covered by your homeowner’s policy.
- A stolen computer or other property
- Personal injury lawsuits (e.g. a delivery person slips and falls when delivering a package)
- A house fire burns down your house
Each of these examples may leave you unprotected if you don’t have proper Home-Based Business insurance. Fortunately, it’s easy and affordable to protect yourself and your business by adding Home-Based Business extension to your property policy.
Individual & Corporate Life Insurance (back to top)
Whether you are looking for term life, permanent life, or universal life, we can help. We have access to over 20 insurers’ life, accident and sickness, disability products.
Do you have mortgage insurance purchased through a bank or trust company? Your coverage may not be as secure as you think. As reported on CBC’s Marketplace, the bank staff selling mortgage insurance are unlicensed and are rarely trained to explain the details and legalities of insurance products. As a result, consumers like you pay premiums and think they are covered, only to realize later that they are not.
Watch this eye-opening episode of CBC’s Marketplace to get a better understanding as to the type of protection you may really be paying for.
Unlike to coverage you may receive from your bank, Mumby provides mortgage insurance with the highest level of protection, security and convenience for YOU.
- Your policy is owned and controlled by YOU.
- Your policy can only be cancelled by YOU.
- YOU name the beneficiary.
- YOUR designated beneficiary controls the distribution of the insurance proceeds.
- YOUR policy is fully portable whether you move or change mortgage carriers.
- YOUR insurance coverage does not decrease over time.
- YOU may choose to continue it after the mortgage is retired.
- YOU have policy options such as disability waiver of premium.
- YOU receive advice and personalized service from qualified Life Insurance Pofessionals
- YOUR medical history will be examined before your policy starts to ensure you qualify.
Long-Term Care (back to top)
Canadians are living longer and healthier lives and, as a result, it is important to consider your long-term care needs. Long-term Care Insurance protects individuals against incurring large out-of-pocket expenses by paying affordable premiums. Individual policies are ideal for those who want an increased level of financial protection should they need help performing the activities of daily living due to an accident, illness or injury.
Contact Us today to discuss a long-term policy that is right for you or click below to read more about what this type of coverage has to offer.
Paycheque Insurance (back to top)
Your most valuable asset is your ability to earn an income. Should you or your spouse experience a serious illness or injury, how would the loss of income impact you? In addition to your day-to-day living expenses, a disabling injury can also lead to additional expenses, such as increased medical and household costs.
To protect against financial hardship, anyone who earns money — whether single or married, with children or without — should consider a personal Disability Income Insurance policy (also known as “Paycheque Insurance”). Watch the video below to learn more:
Home, Tenant, Condo Insurance (back to top)
When it comes to money matters, no one likes to be surprised by the feeling that they’ve been shortchanged. That’s why it’s important that you understand how your insurance policy responds to potential personal property losses. Here are just a few of the many tips that Mumby’s staff share with our customers;
When insuring your possessions on your homeowners or rental insurance policy, opting for replacement cost coverage provides you the best reimbursement option. Why? With replacement cost coverage, you collect the full cost to replace the item, less your deductible. Here’s an example to illustrate the benefit of replacement cost coverage:
Example: The furniture you bought a few years ago for $650 is now worth only $100, but today costs $900 to replace. With replacement cost coverage, you would collect $900 to replace the furniture, minus your deductible. With actual cash value, you would get reimbursed $100, minus your deductible. Remember, the age and type of possession impacts the depreciated amount, which can be pennies on the dollar.
While your personal property is covered under your homeowners or renters insurance, policy limits do apply. To insure your valuable items — such as jewellery, fine art or antiques — consider scheduling these high-value items on an endorsement or policy floater. For all endorsed items, an appraisal or sales receipt is typically required. This will help ensure that, in the event of a covered loss, the amount of insurance is enough to cover the replacement, repair or cash payment of the item.
Mumby’s property insurance products include Home Insurance, Tenant Insurance, Condo Insurance, Seasonal Insurance, and Rental Income Property Insurance.
Travel Insurance (back to top)
Traveling this Year? Do you shop, attend sporting events, or concerts outside of Canada? Do you travel for pleasure or business?
For many Canadians, their provincial and/or employer Health Insurance Plan does not provide adequate coverage. We have plans available for just about every travel situation. Why not give yourself peace of mind that if something happens to your or your family while traveling abroad, your medical needs will be taken care of?
Click the button above, then agree to the disclaimer to get your online travel insurance quote. If you decide to proceed with coverage, please be sure to answer all of the questions correctly to ensure that your policy has accurate information. And of course call us at 1-800-446-5745 if you need further assistance!