Terms of use

What this site is

This site, Always Covered, belongs to BCA Insurance Brokers Ltd., which sells the insurance products on it. The licensed life insurance advisor is Amalan Mahendran, Ontario, licence 11120499.

It does two things: it explains the difference between the optional life insurance a bank sells with a mortgage and a life insurance policy you own yourself, and it gives you an estimate of what your own policy would cost. Using it means you accept what is on this page.

What the prices mean, and what they do not

Every price on this site is an estimate. It is worked out from the six things you told us — your date of birth, sex at birth, tobacco use, province, the amount and the term — using rates Canadian insurers publish for a healthy applicant.

An estimate is not an offer of insurance, and it does not bind any insurer.

Your actual price is set by an insurer, after it has reviewed a full application including your health, your family history, your occupation and your lifestyle. It may come back the same, higher, or not at all. Nobody is covered until an insurer has issued a policy, the first premium has been paid, and any delivery requirements have been completed. Do not cancel existing coverage on the strength of an estimate.

What this is not

• It is not mortgage default insurance. CMHC, Sagen and Canada Guaranty insure the lender against a borrower who stops paying, and are required when a down payment is under 20%. That is a different product and this site does not sell it.
• It is not advice about your particular situation until you have spoken to a licensed advisor who has asked you enough questions to give it. The pages here are general information.
• It is not legal, tax or accounting advice. Life insurance touches all three. Talk to a professional in the relevant field.

What we ask of you

• Tell the truth. An insurance application is answered on your honour, and under Ontario's Insurance Act an insurer can generally contest a policy for misrepresentation during its first two years — and, where a misrepresentation amounts to fraud, at any time. A price built on a wrong answer is worth nothing, and a claim paid on one may not be paid at all.
• Use the site for yourself. Do not give us somebody else's details without their knowledge, and do not enter details you are not entitled to give us.
• Do not attack it. No scraping, no automated submissions, no attempt to reach another person's records, no attempt to interfere with the site or the people using it.
• Be eighteen or older. Quotes on this site are for applicants aged 18 to 80.

Your account

If you have an account, you are responsible for keeping your password — and any sign-in link we email you, which signs in whoever opens it — to yourself, and for what is done with them. Tell us at once if you think somebody else has either. We may suspend an account that is being used to break these terms, and we will say why.

What belongs to whom

The words, the design, the logo and the software on this site belong to us. The information you give us stays yours; what we may do with it is set out in the privacy policy, and nothing on this page changes that.

Links to other sites — an insurer, a regulator, a government page — are there because they are useful. We do not control them and are not responsible for what they say.

Availability

We try to keep the site working and the information on it current. We do not promise it will always be available or always be free of error. Rates change, products are withdrawn, and a page can fall out of date between reviews. If a price on this site and a price from the insurer disagree, the insurer's is the real one.

The limits of what we are liable for

To the extent the law allows, we are not liable for indirect or consequential loss arising from your use of this site — including a decision made on the strength of an estimate rather than an issued policy.

Nothing in these terms limits liability that cannot be limited by law, including liability for fraud, and nothing in them removes any right you have as a consumer under Ontario or Canadian law.

Complaints

If something here has gone wrong, our complaints page sets out who to speak to, in order, starting with us and ending with the regulator. Using it costs you nothing.

The law that applies

These terms are governed by the laws of Ontario and the laws of Canada that apply there, and the courts of Ontario have jurisdiction.

Changes

We may change these terms. The date at the top of this page is when they were last changed, and continuing to use the site after that date means accepting the current version.

How to reach us

BCA Insurance Brokers Ltd. Amalan Mahendran, licensed life insurance advisor, Ontario, licence 11120499 Phone 416-721-0709 · Email insurewithamal@gmail.com

If you would rather write, ask by phone or email for a postal address and we will give you one.