My name is Neil Shepherd and I created The Shepherd Group. The Shepherd Group is designed for entrepreneurs like you and me. Before the age of 20 my entrepreneurial spirit began – creating several companies.
When drivers get into an accident, their first thought more often than not is “How much will this cost?” Accident affects car insurance in different ways depending on certain details of the accident and depends on your insurance company.
Short Term Disability is an insurance policy that protects an employee from loss of income if one is temporarily unable to work due to illness, injury, or accident or if an employee has inability to perform any or all aspects of their occupation. This pays a portion of your wages while you are out of work for a temporary disability as mentioned above. This is also a type of insurance that pays a percentage of an employee’s salary for a specified amount of time.
Applying for short-term disability generally requires that you complete an application form completed by your family doctor. Your doctor or physician needs to disclose your diagnosis, symptoms and treatment history. If this is available to you through work, you get the application form from your employer. If this is the case, ask your employer to fill out his or her portion. He or she needs to note how much you earn each week, your job title, nature of your work and your last day at work. If it’s through a private policy, contact your insurance company or broker to get the forms that you will need to fill out. When you are filling out the form, always include appropriate information. Explain the nature of disability as well as the date when you were first absent from work.
Friendly note: Report the claim as soon as you believe your absence from work may extend beyond the benefit of waiting period as outline on your policy.
It is a brilliant idea to have short and long term disability insurance nowadays. Accidents happen in a snap and you do no want to be left in a monetary bind. After all, peace of mind is more important than anything else.
Questions? Call us!
Long Term Care Insurance, will help to offset the expenses that are incurred as a result of long-term care either at home or in a long-term care facility. A long term care plan will pay you tax free benefits as long as you cannot perform any two of the basic necessary activities of daily living – eating, bathing, dressing, using the toilet, or transferring positions (in and out of a bed or chair).
There are two types of Long Term Care Insurance Policies:
– One plan reimburses you for eligible expenses you receive on a given day, up to a pre-set maximum.
– The other type of plan is referred to as income-style. It is extremely flexible and provides you with an income benefit to cover any type of service that you require from any source including family members.
Want to know more? Call us now!
Critical Illness Insurance provides a one-time lump sum benefit should you be diagnosed by a qualified physician or specialist with one of the illnesses covered by your policy, and you survive. Critical Illness Insurance coverage varies greatly from policy to policy and the term of the policy may also vary with some policies covering you to age 65, age 75, or for life. All applications are subject to a satisfactory statement of health, and the insurer may request that certain tests are performed.
Critical Illness Insurance policies may offer you the option of insurance for the three most commonly claimed critical illnesses, Heart Attack, Cancer, and Stroke. Depending on the insurer and the plan, up to 25 medical conditions may be covered. There are absolutely no restrictions on how you use the money. You can use it for anything that you choose including medical care, paramedical care, out-of-country treatment, alternative treatment, paying monthly bills, home renovations, adapting your vehicle, or taking a vacation.
Questions, call us now at 1.844.249.1700!
Your home is more than just bricks and mortar, it’s a place of refuge, safety and your escape from the hustle and bustle of the everyday world. Home is where the things and people you love become the primary focus. At The Shepherd Group, we know how important your home is to you, and that’s why we go above and beyond to help our clients find insurance that will protect them and give them peace of mind.
How does Homeowners Insurance Protect me?
Fire, theft, damage from the elements like wind, rain and snow and accidents. . . these are the kinds of unfortunate events that could cause you to lose sleep at night. A homeowners policy will cover the damage to your home and contents should one of these events occur, thus making it easier for you to get that much needed rest! The personal liability portion of a homeowners policy provides coverage for personal injury to anyone on your property or visiting your home.
Each home insurance policy offers slightly different protection, however there are 3 standard types of policies as follows:
Comprehensive: This is the most inclusive policy as it covers both the building and the contents against “All Risks” except for what is specifically excluded on the policy.
Broad: This is similar to the comprehensive policy as it does provide coverage for “All Risks” however only on the building. The contents coverage is on a named perils basis and would only be covered against the risks that are listed on the policy.
Basic or Named Perils: As the name would suggest, this is a very basic policy and only provides coverage against risks that are specifically stated in the policy. Basically, if it’s not listed, it’s not covered. This type of policy can save you a bit more money on your premium, but offers much less coverage.
Any type of home insurance includes:
* Tenant Insurance
* Condo Insurance
* Rented Dwelling Insurance
* Seasonal Dwelling Insurance
So, the Ontario government mandates everyone who wants to drive a car must have 2 main things; A valid drivers license, and car insurance. We buy vehicle insurance because we have to. We are required by law to be financially responsible for any accident we cause.
The Insured — the registered owner of the vehicle
The Vehicle — self explanatory. There are vehicles other than cars and vans that can be covered on an insurance policy., such as recreational vehicles and trailers. (i.e ATVs, snowmobiles, trailers)
The Coverage — there are compulsory and optional coverage available. The compulsory coverages are:
Third Party Liability — also called legal liability coverage that provides insurance for bodily injury and property damage arising from the use, ownership, or operation of a motor vehicle subject to exclusions (i.e vehicle use, war, limitations of who may drive the vehicle, and more)
Accident Benefits — coverage for costs arising from bodily injury to the driver and passengers including medical and funeral expenses, disability and death benefits.
Uninsured Automobile — coverage for bodily injury to the name insured and to any passengers in the vehicle in a situation where the other driver is uninsured or worst, is unknown (i.e hit and run accidents).
The optional coverages are:
All Perils Coverage — this is an all – risk coverage. This is the broadest coverage.
Collision or Upset — this coverage protects the insured against loss or damage to the vehicle resulting from collision with another object which is in contact with the road surface.
Comprehensive — this coverage includes damage to insured’s vehicle resulting from any peril other than collision.
If you are tired of reading, one of our experienced Advisors will be more than happy to assist you in defining the right policy for your needs, they LOVE to chat about vehicle insurance!
We’ve established that insurance is a necessity, so if we have to buy it, we want to ensure we are getting the best deal for our dollar. Call us now!
Snowmobiling is an immensely popular winter activity in Ontario.
If you are 16 years of age or older, to drive a snowmobile across a road, on roadways, and on trails, you must have a valid driver’s licence, motorized snow vehicle operator’s license. If you are 12 years of age or older, to drive a snowmobile on a trail, you must have a valid motorized snow vehicle operator’s licence that allows you to drive a snowmobile.
Insurance is not required while the snowmobile is being driven on the private property of the snowmobile’s owner however, in all other cases, the law requires that you have the following minimum coverages:
* Third-Party Liability Coverage of at least $200,000 to protect you if another person is killed or injured, or if their property is damaged.
* Statutory Accident Benefits Coverage to provide supplementary medical, rehabilitation, attendant care, caregiver, non-earner, income replacement, and death benefits if you are killed or injured in an accident, regardless of who caused it.
* Direct Compensation – Property Damage (DCPD) Coverage to pay for damage to your vehicle and its contents, if another driver is at fault for an accident.
* Uninsured Automobile Coverage to provide financial compensation for you and your family if you’re injured or killed by an unidentified driver or by an uninsured motorist. It also covers damage to your vehicle caused by an identified uninsured driver, up to $25,000.
If you are looking at insuring your snowmobile, it could be now or few months later, we at The Shepherd Group will guide you to make sure you and your snowmobile have the proper coverage. So contact us today to discuss your snowmobile needs, or any other insurance needs you can’t even imagine!
Personal watercraft insurance is not legally required in Ontario but it is recommended. Insurance protects your personal watercraft from damage due to an insured loss and it also protects you against liability due to injury or death. If you are financing your personal watercraft, the bank or financing will require you to carry insurance and you will not be able to pick up your watercraft from the dealer until insurance is in place.