Services offered by Camlife Financial Corp
Insurance Solutions Vancouver, BC
Insurance is an ancient concept. In the third millennia B.C., Chinese merchants travelling treacherous river rapids would redistribute their cargo across many vessels to limit the loss due to any single vessel’s capsizing. Relatively shortly thereafter, as recorded in the Code of Hammurabi, the Babylonians developed a system to mitigate the risk of transporting goods on the high seas. The value proposition of insurance is the same today; by paying a small premium, the risk of financial catastrophe is mitigated whether due to loss of life, limb, health or real property.
With the increasingly uncertain times, and dynamic and fragile economies, we need to choose the right kind of insurance coverage to determine the care we receive should our health take a wrong turn. Furthermore, it is very important that we make sure we have the financial support that our family receives in the event of the untimely death of the income provider. It is essential to choose the right insurance products and at Camlife Financial, we can assist you with this. We will also help you look at whether the cost of buying insurance justifies the benefits covered under the policy. We will make sure the insurance covers all your dependents and that it also covers most of your health problems. Furthermore, we will look at whether you need pure insurance or if you need an insurance policy with an investment component. Camlife Financial can choose a product most suited to you.
We specialize in insurance solutions that protect against loss of life or health due to illness or injury. We also have partners that offer general insurance such as automobile, business or home insurance.
Modern life insurance policies were established in the United Kingdom in the early 18th century. As it did in 18th century England, life insurance today provides a cash death benefit in the event of death. The vast majority of people (especially those with dependents) require life insurance above and beyond what the typical pittance offered by employers. A premature death almost inevitably leads to financial hardship for the survivors.
Below is information on various types of insurance.