A death benefit is the amount paid to your beneficiary if you die while your life insurance plan is in effect.A living benefit is the amount paid to you when you meet certain conditions. For example, you can receive part of your coverme life insurance death benefit while you are alive if you are diagnosed with a terminal illness with less than 12 months to live.

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This is a registry of all insurance agents currently licensed to practice in PEI. Insurance agents in Prince Edward Island are licensed through the Superintendent of Insurance for the Province following the successful completion of the required insurance licensing exam. A PEI licence is valid for two years.

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To apply to become a licensed insurance agent in Prince Edward Island, please contact the Consumer, Corporate & Financial Services Division of the Department of Justice and Public Safety. What is the licensing procedure for insurance agents? A non-resident applicant, licensed by their home jurisdiction, must provide a letter of good standing from that jurisdiction.

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* PC auto insurance and home insurance are arranged for by PC Financial Insurance Broker Inc. and are underwritten by a number of selected Canadian insurers. PC auto and home insurance products are available only in Alberta, New Brunswick, Newfoundland & Labrador, Nova Scotia, Ontario, and Prince Edward Island.