Canadian Life Insurance Brokers

Canadian Life Insurance Brokers are professionals who specialize in providing insurance policies from various insurance companies. The main difference between a broker and an agent is that the agent sells insurance from a single company. On the other hand,  a broker represents multiple companies. This allows a broker to provide more options to find you the most suitable coverage at the best rates.

Licensing in Canada

In Canada, each province is responsible for specific licensing requirements for brokers. Thus, the province regulates and monitors the market to insure that fair and ethical practices are being followed. A Canadian life insurance broker is a particular type of broker who specializes only in life insurance.

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