About Treavajo Insurance
Secure your family’s future.
Peter Treavajo has been serving clients with their insurance and investments needs for the past 22 years in Ontario. Peter is a member of the International Financial Brokers of Canada, and the Elder Planning Counselor Designation from The Canadian Initiative for Elder Planning Studies Inc.
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People and family come first. Business comes second.
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Insurance Solutions
Critical illness insurance is a form of insurance protection that that provides immediate funds. Payout is delivered upon the diagnosis of a covered condition like cancer, heart attack or stroke. The lump sum benefit can be used in any way you choose often with no restrictions.
Life insurance is purchased from financial institutions usually to protect families or a specific need. If the person dies a lump sum payout is made to the beneficiaries. Normally a needs analysis will be completed by the advisor to arrive at the insurance needed by the applicant. A person can purchase a single need policy eg. mortgage insurance policy or critical illness policy etc. There are three types of insurance, whole life insurance, term life insurance and universal life insurance policies.
The use of Term Life Insurance is usually preferred to cover a mortgage eg. 10 Term, 20 Term or 30 Term. Upon death of the insured the payout is made to the beneficiary instead of the bank, with bankers insurance usually called creditor’s insurance the mortgage only is paid out.
Whole life insurance provides that in the event the insured dies the death benefit is paid out to the beneficiaries. Some policies pays dividends and accumulate cash values, these are called participating policies. Some policies do not pay dividends these are called non-participating policies. Eg: most term policies. Participating policies are usually cheaper.
- Health and Dental Plans.
- Disability Insurance.
- RRSP,RESP,RRIF,LIF,
LIRA. - Travel Insurance.
Why Choose Treavajo?
Insurance Your Way.
Treavajo Insurance is a personal touch service. We offer products from various providers so that we can tailor an insurance plan specifically to our clients needs and goals.
||Peter is extremely knowledgeable about every type of insurance product and tailor made a financial solution for my family's particular needs||
Andre F.
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