Best Life Insurance Brokers Fredericton | Protect Your Wealthhayesweb2025-12-11T16:28:51-04:00
Serving Fredericton & Area
Best Life Insurance Brokers Fredericton
Work with a licensed Canadian advisor who serves Fredericton and nearby New Brunswick communities. Compare quotes from leading life insurance companies and get a plan that fits your family, goals, and budget.
Work with a licensed Canadian advisor who serves Fredericton and nearby New Brunswick communities. Compare quotes from leading life insurance companies and get a plan that fits your family, goals, and budget.
Fast, easy, convenient life insurance quotes in Fredericton
Located along the Saint John River, Fredericton is a thriving capital city known for its natural beauty,
rich history, and strong sense of community. With over 65,000 residents, Fredericton offers a balance of
cultural vibrancy, outdoor recreation, and economic opportunity. Its universities, growing tech sector,
and family-friendly neighbourhoods make it an appealing place to live, work, and build a future.
Even with so many advantages, it’s still important for Fredericton residents to keep long-term financial
goals and protection plans top of mind. Health changes, career moves, and family transitions can happen
unexpectedly, and having the right life insurance in place helps make sure those moments don’t create
unnecessary financial strain.
For residents of Fredericton who want to stay protected in the face of unforeseen events and potentially
significant costs, our life insurance services can help. Contact Protect Your Wealth to be guided in the right financial direction. Our expert knowledge of life insurance and financial planning can help you secure your finances and give you the peace of mind that you and your
family deserve.
Which type of life insurance fits you best?
Select a type to see how Fredericton residents often use it and when it may be the right fit
for your family or business.
Coverage type: Term life insurance
Term life — cover your biggest financial responsibilities
Term life is often used to protect mortgages, income, and young families in Fredericton. You pick a
length (for example 10, 20, or 30 years) that lines up with your biggest financial obligations.
If something happens during that time, the tax-free benefit can help your loved ones stay in the home,
keep up with bills, and maintain their plans.
Permanent & whole life — coverage that stays with you for life
Permanent life doesn’t expire as long as premiums are paid. It can be a key tool for Fredericton
residents who want to plan for estate taxes, final expenses, and long-term wealth transfer.
Some permanent policies also build cash value, which can provide flexibility later in life when
needs and goals change.
No-medical & simplified issue — when health is a concern
No-medical plans may suit Fredericton residents who have health conditions, prefer fewer medical
requirements, or want coverage in place quickly.
While premiums can be higher than traditional coverage, these plans can make it possible to secure
important protection when fully underwritten options are limited.
Who we help in Fredericton & surrounding communities
We work with clients across Fredericton and surrounding New Brunswick communities at every life stage. See if you recognize yourself in one of the profiles below.
👨👩👧 Families & homeowners
Growing families and new homeowners
Protect your mortgage, day-to-day bills, and children’s future if something happens to you. A common
fit for couples buying in Fredericton or upsizing as their family grows.
💼 Self-employed & business
Self-employed and small business owners
From income protection to business-continuity planning, we guide entrepreneurs and self-employed workers
through coverage that helps keep their plans on track.
🏥 Professionals
Public sector, healthcare, and professionals
Supplement employer or union benefits with personally owned coverage you control, even if you change
roles, employers, or move within New Brunswick.
🕒 Pre-retirees
Pre-retirees planning ahead
Shift from pure income protection to planning for final expenses, debts, and estate needs so your
retirement plans stay on track for you and your spouse.
🌲 Retirees
Retirees in Fredericton and beyond
Ensure there’s money for funeral costs, last taxes, or gifts to children and grandchildren, without
forcing loved ones to sell assets quickly or take on debt.
❤️ Health history
Clients with health conditions or past declines
Explore standard, rated, and no-medical options if you’ve had health issues or were declined before.
We help position your application with the insurers most open to your profile.
Why choose us
Why Fredericton residents choose Protect Your Wealth
Fredericton clients choose us because we combine independent advice, access to a wide range of insurers,
and a streamlined process designed around your goals — not a single company’s product line.
20+ insurers
Compare Canada's leading life insurance providers.
100% remote
Phone or video meetings anywhere in New Brunswick.
NB licensed
Local guidance tailored to Fredericton residents.
1
Independent, no-fee advice
We compare plans across the market to find options that work best for your goals and budget, not one
company’s sales target.
2
Experience with complex applications
We help clients with medical conditions, unique risks, or past declines find the insurers that are most
favourable to their profile.
3
Support that continues after approval
Update beneficiaries, add coverage, or review your policy anytime — we're here for the long term
as life changes in Fredericton and beyond.
How it works
Your life insurance journey, step by step
We keep the process simple for Fredericton residents. Most clients move from first conversation
to an approved policy in just a few straightforward steps, handled by phone or video from home.
Step 1 of 4
Start with a short conversation
Share a bit about your family, budget, and goals. We’ll clarify what you want your life insurance to do
for you and whether term, permanent, or no-medical coverage is the best starting point.
💡
Not sure which step you’re at? Many Fredericton clients simply start with a quick “what are my options?” call,
and we guide the rest of the journey from there.
Real Fredericton scenarios
See how life insurance plans come together in Fredericton
Choose a profile below to see how we might approach coverage for different types of clients in
Fredericton. Details are simplified, but the planning logic is real.
Choose a scenario
👨👩👧
Young family with a new mortgage
30s · 2 kids · Buying in Fredericton
🏥
Professional with health history
Early 40s · Public sector · Past heart concern
🌲
Pre-retirees planning final expenses
Late 50s · Home nearly paid · Adult kids
Couple in their 30s · 2 children · 25-year mortgage
Young family protecting a new home in Fredericton
Their situation
A couple recently bought a home near Fredericton and relied mostly on basic work coverage. They weren’t sure
if it would fully cover the mortgage and children’s expenses if something happened.
The challenge
They wanted enough coverage to protect the mortgage and income needs without overpaying or duplicating
group benefits they already had through their employers.
We coordinated their work plans with a new joint term policy sized to the mortgage and children’s needs,
giving them clear, affordable protection for the next 25 years.
Advisor insights
What Fredericton clients ask us most
Many people we speak with in Fredericton aren’t sure how much coverage they really need,
whether to choose term or permanent insurance, or how their health history will affect approval.
Our role is to translate the fine print into simple, local advice.
💬
“A lot of Fredericton families already have some coverage through work or a lender,
but they’re not sure if it’s enough or if it will follow them when they change jobs.
We start by mapping out what you already have and then fill the gaps.”
Protect Your Wealth advisor · Licensed in New Brunswick
📏
“How much coverage do we actually need?”
We look at your mortgage, income, debts, and future goals to estimate a realistic coverage range.
🔄
“Should we rely on work or bank insurance?”
Group and creditor plans can be a foundation, but we compare them to full, portable individual options.
❤️
“Will my health history be a problem?”
We match your profile with insurers known for flexibility on blood pressure, cholesterol, past issues, and more.
📅
“How long should my term be?”
Most Fredericton families choose 20–30 years to cover mortgages and dependants, but we tailor it to your plan.
👨👩👧
“Do both partners need coverage?”
Often yes — because income, childcare, and household support needs don’t fall to zero if one partner passes.
What our clients say about us
My spouse and I recently worked with Parvesh on our life insurance policies. We really appreciated how approachable & professional he was throughout the process. He took the time to explain all of the options available to us and answer any of our questions so that we felt confident moving forward. Definitely worthy of 5 stars and would highly recommend him!
Regan Fitzgerald
Parvesh has been nothing but helpful and professional. He is kind and understanding and really knows his stuff. A great guy with a wealth of knowledge.
Beth Mitchell
My family has worked with Parvesh for a number of years now. He has advised us on a variety of financial situations from our children’s education to our own personal investments. Parvesh provides sound advice and is very knowledgeable in a variety of investment strategies. He treats his clients with care and always has had our best interest in mind. Parvesh has helped us build a portfolio we are very proud of. We have really enjoyed working with Parvesh.
Martin
Parvesh was was an absolute delight to work with! His customer support was outstanding! Thank you for being so patient with me, I know I had a lot of questions but you took the time to explain everything in detail until I had no doubts.
Roberto Ferreira
Parvesh has been a great resource to my family and I in setting up our life insurance policies, and residential mortgage. His honesty and excellent knowledge of the insurance landscape have made making these often difficult decisions very easy. I would highly recommend his services without hesitation.
Rajiv Butany
He’s knowledgeable, flexible and provided advice specific to my needs. Parvesh was always prompt in responding to any of my request. I look forward to working with him again on the future.
Kristy Westmass
Working with Parvesh has been a wonderful experience. We have very much appreciated his advice and guidance as we organize our finances and plan for the future. He is extremely knowledgeable and helpful; he walked us through the process of developing a plan that perfectly meets our needs.
Amanda Magnus
Parvesh was very informative and easy to deal with. He didn’t push us to make a decision. He showed us a bunch of options and based on that we made the most informed decision for us. I would highly recommend him to others.
Steven St. Angelo
Exceptional one on one customer service. He listened to our family needs evaluated what we had and what we actually needed. I now feel comfortable we are headed in the right track for our insurance needs.
Davis
Protect Your Wealth answered every question my wife and I had and it was clear to us that they had my family’s best interest in mind. They are extremely professional and knowledgeable and I highly recommend their services.
Steve Schotel
Parvesh has been our financial planner for over 15 years. He has been instrumental in helping guide us with our investments and insurance needs and given us peace of mind we can retire comfortably. He is honest and professional, genuinely shows he cares and I would highly recommend his services.
The Bilens
Quick and attentive responses, excellent explanation of coverage and life insurance requirements.
Connor Higgins
Parvesh provided us with excellent service. Highly recommended!
Piseth Danh
Would recommend him to anyone! We had a wonderful experience working with him.
Kayleigh Neddow
I am lucky to find Parvesh. He listened to us and provided us with options that best benefited our needs. He searched several companies for different policies for our life insurance and came up with a wonderful policy at a huge savings. He provided explanation on things we didn’t understand, gave us the pros and cons of each types of policies and most importantly, never forced us to get anything. He let us decide on our own. I will definitely recommend him.
Martin Pineda
I appreciate the attention to detail and the promptness of responses when I contact Parvesh Benning for information and guidance.
Jamie Stewart
I was referred to Parvesh by a colleague after my previous advisor had retired. I wanted to make sure he was knowledgeable and would benefit my family and me. I gave him a ring to pose some screening questions. He definitely was informative in our conversation, so we agreed to meet and take a look over my portfolio. At our meeting he provided sound feedback even without me committing to him. A very genuine individual and I have had a great relationship thus far with him. I know I made a good choice to work with him.
Ricky Tiwana
Working with Parvesh has been a great experience. He’s provided valuable insight and recommendations on financial planning that best suit our needs.. He’s trustworthy, reliable, professional and very smart – he definitely knows what he is talking about! We’d certainly refer him to friends and family. Our only regret is not engaging him sooner!
Sejal Attwala
A great company to work with. I feel like my money is in good hands and I am set up to reach my financial goals. I would recommend them to anyone, in fact have done so for most of my immediate family.
Trevor Jacobson
I have been working with Parvesh for nearly ten years. At first, he offered advice with no strings attached when I was still in a difficult financial situation. Since my situation has changed, I can count on him to listen to my needs and provide great advice, as well as respond to my wishes for my investments. I have recommended him to other members of my family as well.
Elysia Nisan
FAQ
Frequently Asked Questions
Here are answers to common questions we hear from individuals and families in Fredericton and across
New Brunswick. If you don’t see your question here, you can always contact us for a one-on-one conversation.
When you contact a single insurance company, they can only offer their own products and pricing.
As an independent life insurance broker, Protect Your Wealth works with multiple Canadian insurers.
We compare options side-by-side, explain the trade-offs in plain language, and help you choose the
contract that fits your needs instead of trying to fit you into one company’s product line.
No. Our advice, needs analysis, and quote comparisons are provided at no cost to you. We are paid by
the life insurance companies if you choose to put a policy in place, but this does not increase the
premiums you pay. In many cases, using a broker can actually help you find better value than going
directly to a single provider on your own.
No. We help clients in Fredericton, nearby communities, and other parts of New Brunswick and Canada
where we’re licensed. Most of our work is done securely by phone or video, so you can review options,
ask questions, and apply for coverage from home or your office without needing to visit a branch.
Many Fredericton clients come to us with existing group coverage through an employer, or creditor
insurance through a lender. We’ll review what you already have, explain how it works, and compare it
with personally owned coverage. Often, people keep their group benefits but add an individual policy
for more control, portability, and protection that isn’t tied to one job or mortgage.
In many cases, yes. We regularly work with clients who have health histories such as high blood
pressure, diabetes, sleep apnea, past cancer, or mental health conditions. Different insurers look
at the same medical information in different ways, and there are also simplified and no-medical
options designed for people with more complex histories or previous declines.
Timing depends on the type of application. Some simplified and no-medical policies can be approved
in a few days. More detailed applications that require doctor’s reports or additional tests may take
a few weeks. We keep you informed at each step and help move things along as quickly as possible.
You can reach out by phone, email, our website contact form, or by booking a time that works for you
through our online calendar. During that first conversation, we’ll get to know your situation, outline
your options, and share sample quotes so you can decide what feels right—there’s no obligation to move
forward until you’re ready.
It’s helpful (but not required) to know rough numbers for your income, mortgage or rent, debts, savings,
and any existing life or group coverage. We’ll also talk about your goals — such as protecting a
mortgage, replacing income, covering final expenses, or leaving a legacy. If you don’t have every detail
handy, we can still give you a clear starting point and refine the numbers later.
Insurers we work with
Start Working Towards Financial Security for Life.
Buy affordable life insurance in Fredericton! Contact Protect Your Wealth today to learn more about our comprehensive insurance, investments, and financial planning services – each fully customizable for your needs.
