Life Insurance

As our valued client at Favas Insurance, you come first – our insurance team is here to assist you in managing any and all aspects of your insurance and financial planning requirements.


In recent years, remedy the insurance sector has been characterized by the introduction of a variety of innovative products and service offerings designed to respond to changing individual, this corporate and demographic needs.

Raimundo Favas has been licensed to sell insurance and financial products since 1989, and has provided excellent service to hundreds of clients, just like you. His mandate is to partner with you in planning, enhancing and preserving your success – and ensuring your security – by fact-finding, then recommending and implementing smart, tailor-made solutions to your precise needs, with the ultimate objective of developing a long term, satisfying working relationship with you – all at the highest level of service.

Using effective, open, and honest communication, Raimundo starts by helping you clarify priorities and identifying financial needs, goals or desires that are integral to your overall happiness. He actively listens and asks all the pertinent and necessary questions he needs to until he fully understands your unique situation – and you feel thoroughly understood by him. He then helps you understand your options and creates an action plan that best suits your needs; one that will help you achieve your financial goals and dreams within the shortest possible time frame, with continued review, supervision and timely updates.

If you’re looking for a professional, client driven insurance services corporation, with a commitment to cultivating long-term relationships with clients based on trust and integrity – with the highest standard of service – you’ve come to the right place.

We look forward to welcoming you to Favas Insurance.

“Good client experiences build great business! – Raimundo Favas, Insurance Broker


PLAN CHOICE

  • Choossing the Plan that's right for you

    Deciding what type of Life insurance is right for you can be a complicated process. The decision can be even harder when you are younger - or significantly older. That's why you should always seek the services of a reputable insurance advisor to help you decide what's right for you and your unique life circumstances.
  • Why buy Life insurance?

    The most obvious reason why you should invest in Life insurance is that it can replace your income in the event that you pass before your dependents. You may want to ensure that your children are able to attend college or university - and that your family are able to enjoy a certain lifestyle. If you are the primary income earner for your family, they may not be able to afford the education you have in mind for them - or the kind of lifestyle you wish for them - if, in the event of your death, you do not have enough savings to cover those expenses. Buying Life insurance is a way to address those concerns so you can protect your family's future, and a proper financial plan can mean the difference between leaving your loved ones financially well-positioned, allowing them to deal with debts and an inadequate income - or not. Life insurance can help create financial security for you and your family. If you should die prematurely, it can be used to: • Pay final expenses and cover debts • Provide an ongoing income for your family • Ensure your family has the resources to maintain a comfortable standard of living • Leave a legacy to your favourite charity • Build tax-advantaged savings you can draw upon as needed for personal or business opportunities while you are still living (This is true of some policies) • Supplement your retirement income, or provide for long-term care or home care for yourself or a family member
  • Flexibility

    Your Life insurance needs will change depending on what stage you're at in life. Major events like getting married, having a baby, buying a new home, starting your own business or nearing retirement can also increase your need for life protection. Understanding that each person's insurance needs are unique, Favas Insurance offers several different plans, so that along with your advisor, you can choose the one that best meets the individual needs of you and your family - no matter what stage of life you are currently at. If you’re looking for a professional, client driven insurance services corporation, with a commitment to cultivating long-term relationships with clients based on trust and integrity – with the highest standard of service – you’ve come to the right place. We look forward to welcoming you to Favas Insurance. "Good client experiences build great business! - Raimundo Favas, Insurance Broker