What You Need to Prepare Before The Application Meeting
By clicking the button below, you will be redirected to the PDF File. After you fill out the
form please submit it here: ibc@pbbanker.com
Personal Policies
Basic Personal Information
- Full Name and Date of Birth
- Contact Details – Email Address, Phone Number, and Mailing Address
- Identification – Driver’s License Number, Social Insurance Number (SIN), and Expiry Date
- Employment Information
- Name and Address of Your Employer
- Business Type
- Occupation Description
- Place of Birth and Immigration Status in Canada
- For Permanent Residents: Date of Arrival in Canada
- For Temporary Residents: Date of Arrival in Canada and a Copy of Your Work/Student Permit (if applicable)
Consider who you wish to name as your primary and contingent beneficiaries Financial Information
- Assets and Liabilities
- Annual Earned Income, as well as other sources of income
- If you’ve previously filed for bankruptcy, we will require the declaration date and, if applicable, the discharge date.
Lifestyle Details
- Information about your hobbies if you take part in extreme sports or hazardous sports
- Driving Offenses – dates and details of the violation
- Information about extended travel plans, if applicable
- Smoker status
- Alcohol and drug use
- Insurance History
- Policy Number, Issue Date, Company, and Benefit Amount
- Information about any postponements, modifications, restrictions, ratings, or declines in your policies
- Any pending applications with any other carrier
Depending on the amount you apply for, we may also require your health information
- Weight and Height
- Family doctor’s details and information concerning your latest visit to the doctor
- Details about the health history of your biological parents and siblings, including diagnoses, age of onset, age at death, or their current age if living
- Information about any sicknesses you have, including diagnosis date, tests, symptoms, medications and surgeries. Here’s a sample Health Questionnaire.
Corporate Policies
- Personal Details – please refer to the Items to Prepare for Personal Policies
- Business Details
- Nature of the business and Legal Name of the business
- Business number and Incorporation number
- Business contact details
- Beneficial ownership information, as well as the percentage of ownership
- Business Financials
- Assets and liabilities
- Net profit last year and the previous year
- Fair market value
- Insurance Details (if any)
Copies of your business registration and articles of incorporation
Minor Policies (Life Insured is less than 16 years of age)
- Owner (Basic information about you)
- Name and date of birth
- Your SIN, driver’s license number and expiry date
- Contact details – email address, mailing address, and phone number
- Your employment details
- Name and address of your employer
- Nature of your occupation
- Type of business
- Place of birth and immigration status in Canada
- If you hold permanent residency, we require your date of arrival in Canada
- If you are a temporary resident, we will require your date of arrival in Canada, along with a copy of your work/ student permit
Minor Life Insured
- Name and date of birth
- Immigration status in Canada and place of birth Place of birth
- If you hold permanent residency, we would require your date of arrival in Canada
- If you are a temporary resident, we would require your date of arrival in Canada and a copy of your work/student permit
- Insurance coverage, as well as Gross earned income for both parents
- Insurance coverage for siblings, if applicable
- Lifestyle Details
- Information about extended travel plans, if any
- Information about your hobbies if you take part in any extreme sports or hazardous activities
- Driving Offenses – dates and details of the violation
- Smoker status
- Drug and alcohol use
- Insurance History
- Policy Number, Issue Date, Company and Benefit Amount
- Information about any modifications, restrictions, ratings, declines, or postponements in your policies
- Any pending applications with any other carrier
- Health Details
- Insurance History
- Weight and height
- Family doctor’s details and information concerning your most recent visit to the doctor
- Details about the health history of your biological parents and siblings, including diagnoses, age of onset, age at death, or their current age if living
- Information about any sicknesses you have, including diagnosis date, tests, symptoms, medications and surgeries. Here’s a sample Health Questionnaire.