Ivari Insurance

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Ivari Insurance (formerly Transamerica Life Canada) is a life insurance and investment company committed to making the process of selecting and buying insurance as simple as possible for their clients.

Company Overview

With the assistance of a team of knowledgeable insurance advisors and an intuitive digital insurance calculator, ivari makes it easy to choose an insurance package that fits your life and your needs.

Specializing in several types of life insurance and risk coverage for critical illnesses, ivari Insurance provides a safety net for its customers in Ontario. The company shows a legitimate investment in helping their clients stay healthy. With resources helping customers make the most out of their life insurance plans with the company, ivari Insurance strives to achieve its mission of being a transparent, approachable company for customers in Ontario.

Clients rely on ivari life insurance for the following features:

• A wide selection of life insurance options
• Innovative digital tools that help clients identify and learn their unique coverage needs
• A user-friendly website that provides timely, helpful information

Ivari insurance offers universal life insurance, 10-year, 20-year, and 30-year term life, and coverage for critical illness, and does so in terms that make it easy for any client to understand, even those without much experience in shopping for insurance.

Because the company offers so many life insurance products accompanied by a substantial amount of information for customers to absorb, ivari has built itself a reputation in Ontario as a customer-friendly, benevolent insurance company. This reputation extends to the independent advisors with whom the company partners, as well as the third-party brokers that often facilitate sales between ivari and their customers.

The Advantages of ivari Insurance

Although ivari’s insurance coverage is limited to life insurance, they offer options for a variety of budgets. Ivari Insurance is a people-first company, committed to doing one thing and one thing well, which is far preferable to an insurer who offers limited choices in many different coverage categories.

As such, ivari Life Insurance has become a fixture in the Ontario community, using their assets to make charitable donations to several local causes. They also offer support to brokers and advisors, a way that the company attempts to make the process of buying and facilitating their product sales as simple as possible.

Here are some of the benefits that ivari Insurance offers their customers:

• Personal, compassionate service. ivari is committed to being a leader in personal service through its entire industry. The mix of knowledgeable advisors and brokers supported by the company, as well as a breadth of information for customers and simple explanations regarding the company’s available insurance policies, ivari has established itself as a leading innovator in customer-friendly business.
• Extensive options in life insurance products. As mentioned, life insurance is what ivari specializes in, and they offer a variety of plans to fit the needs of a diverse customer base throughout Ontario. With universal, comprehensive life policies as well as three different lengths in the way of term life policies, a region with diverse customer needs receives unmatched coverage.
• Access to the intuitive insurance calculator My Insurance View. My Insurance View gives shoppers for insurance a snapshot of the benefits of buying various different life insurance plans as a way to help them decide which coverage best meets their needs. This can be a huge help for someone shopping for health insurance, especially for the first.

Ivari Life Insurance Products

Ivari is an industry leader in providing risk protection in the areas of life insurance and critical illness. Here are the company’s available options in terms of insurance products:

Universal Life Insurance

Ivari offers just one universal life policy, with the following primary benefits:

• Living benefits: on the event of the policyholder becoming disabled, the beneficiaries would have access to the benefit to use for treatment.
• Compassionate Assistance Program (CAP): In the event of the policyholder being diagnosed with a terminal illness, they would be able to take a loan out of their life insurance.

In addition, riders can be added to universal life policies, with the following options:

• Critical illness protection
• Level cost of insurance
• Payor waiver of monthly deductions
• Children’s insurance
• Term riders
• Waiver of planned premiums
• Accidental death and dismemberment
• Waiver of monthly deduction

Term Life Insurance

Ivari offers term life policies in lengths of 10, 20, or 30 years with the third option having several optional enhancements.

• Term 10
• Term 20
• Term 30 with Select Options

If a customer opts for SelectOptions with their 30-year policy, they have three options, all of which kick in between the 15th and 20th year of the policy.

• Select30: the policyholder can decrease payments and reduce the extent of coverage for the remainder of the policy.
• SelectLIFE: the benefits of Select30 with added lifetime final expense benefits.
• SelectVALUE: policyholders can access the cash value of their policy by decreasing the coverage or transferring to a universal life policy.

Critical Illness Insurance

Ivari also offers coverage for critical illness to their customers, providing a lump sum benefit to policyholders in the event of their diagnosis with a critical illness.

Ivari Insurance Reviews

Rating: 1
1 /5 stars

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They will Rob you of your Money

Philip Guevarra on 2020-07-23 14:46:32

I got robbed by these people telling you That you can access your money in time of need and next thing you know you cant get it because they tricked you. We lost almost 5k Cad. Im from Fredericton New Brunswick. My advice dont trust these people. Especially new comer. He will come to your house and force you to sign documents. Karma will be on them Im sure of it. I did not get my money back but more blessings we got after that. Please if you need insurance go to a bank!

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Rating: 1
1 /5 stars

• Savings
  User: 20%
• Application Process
  User: 20%
• Claims Process
  User: 10%
• Rate stability
  User: 10%
• Document delivery
  User: 20%

No comments

Bram on 2019-04-02 07:15:13

Been with NN Financial , now Ivari for the past 25 years
One the worst companies to deal with ,
want to make some changes to policy, been in their office in Toronto three times, have called more than 15 times, sent three e mails,
no good useless company, will not deal with them anymore, ask others in my business to go to others

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