Property

How do you Picture your Future Lifestyle?

By August 16, 2017 April 4th, 2019 No Comments

Would you rebuild your home?

As we get older, we often look around our home and sometimes we think, “Wow, I don’t need this big house anymore. I would never want to build this big of a home or style of home again”.

The good news is with the Intact Insurance Lifestyle Advantage endorsement you don’t have to. Intact has come out with an add-on feature to their home policies called Lifestyle Advantage.

To qualify for the Lifestyle Advantage, you must:

Be 50 years of age or older
Continuously insured for the past 3 years
Claims free for 3 consecutive years
Have a Broad or Comprehensive Homeowners, Condo or Tenants policy with Intact
It must be your principal residence

In the event that you lose your home due to an insured peril, (something you have insurance for) like a fire, instead of having to rebuild, Intact gives you options. You would have the choice to build something smaller, move to a different location, move into an apartment or even take a cash settlement.

They will also waive the deductible up to $1,000 on the principal residence for the first claim (except water losses) and you will not lose your claims free discount.
It is add-ons like this that can make your policy coverage and protection unique and designed to meet your specific insurance needs and wants.

Talk to your broker today to see if you qualify for the Lifestyle Advantage!

Have more questions about your home insurance? Give us a call at (506) 432-1550 or email us at info@pearsoninsurance.ca