President and CEO (Canada): Matthew Bingham
AM Best Rating: Not Rated
Total Assets: n/a
Net Income: n/a
Net Premiums Written: n/a
Financial Size Category: n/a
FSR Outlook: n/a
Best’s Issuer Credit Rating: n/a
ICR Outlook: n/a
As of Date: n/a
Organization Type: n/a
Specialty Lines of Business: n/a
Marketing Type: n/a
808 Nelson Street
P.O. Box 15
991 Hornby Street
Web Address: www.bgscorp.ca
*Info courtesy of AM Best Key Ratings Guide 2013.
Bingham Group Services Corp., similar to other Canadian life insurance companies, offers numerous products targeting clients with various insurance needs.
Though LSM Insurance is not directly affiliated to this insurer, our experienced life insurance brokers have access to products and quotes of over 20 Canadian insurers similar to the ones provided by Bingham Group Services Corp. such as term life insurance quote, whole life insurance quote, universal life insurance quote, disability insurance quote, critical illness insurance quote, no medical life insurance quote, long-term care insurance quote, group benefits and others.
Bingham Group Services Corp. (“BGS”) was Canada’s leading Third Party Administrator (“TPA”) and Managing General Agent (“MGA”) in the business of creating, marketing and administering group creditor insurance products (including, mortgage insurance products).
BGS had a distribution network that stretches across the Country with a substantial presence in each and every Province. BGS employed industry leading, best practices standards in respect of administration and regulatory compliance.
The Mortgage Life and Disability Insurance Products were Underwritten by Foresters Life Insurance Company. The plan was unique to the industry offering Life and Disability Creditor Protection up to $500,000 of life to applicants 18 to 69 and $3,000 a month of Total Disability Protection to applicants 18 to 64 with No Health Questions and No Medical Tests.
The insurance is portable and there are some of softest Terms and Conditions within the industry.