I am very much satisfied from the services of Aaxel Insurance and my broker Prathibha Balaji. I never interacted with such a nice as a person in my professional tenure especially in the Insurance industry who is very knowledgeable, esthetical in her advice, prompt with her responses and most dedicated professional, she is always helpful and provides the best of her services with fullest honesty.

Vipin Sharma, Oracle Canada

For over 25 years I have been working with various insurance brokers who provided insurance coverage for my many vehicles, home and business.The services I received from Mrunal Shah at Aaxel has been outstanding. Mrunal has always took the time to address any concerns I have, she always go the extra mile to see that I am getting the best value for money.I would never trade Mrunal Shah and Aaxel for any other. I am happy to be a client of Aaxel insurance servicing my business, home and auto insurance for the last 3 years. I have found a home and would never trade Aaxel for anyone else.

Errol HenryPresident, TECH WAVE Communications

I am insured with Paul Mann/Aaxel Insurance since 2005 when i started my trucking company. Now i own a good size fleet and i am very satisfied with the service i receive from Aaxel Insurance. Aaxel has grown multi fold, has multiple offices. Aaxel’s success can definitely be attributed to the best customer service they provide at ease. I strongly recommend if you are looking to change your broker or get second opinion for your insurance needs.

Naveen Gill, President

Property Insurance

Home Insurance

We all have the same feelings about our home whether it is a standalone home, attached home, a condo, a rental dwelling, or a multi-million dollar estate home. For most of us, our home is a culmination of our lifetime’s worth of hard work and sacrifice. This means that if there is a loss , it can be devastating!

Due to this, choosing your mode of buying coverage for your valuables is of the utmost importance and your choice should only be made by an independent insurance broker. At Aaxel , we can design a perfect plan for all your habitational insurance needs whether they be condo, home, or tenants insurance.

Having the right home and contents insurance can give you the confidence to relax and enjoy your home.

Let’s say your house is destroyed by fire or damaged by a natural disaster – you would then need money to repair or replace it. A guest in your home is injured – liability protection may help pay expenses. Or even if you are a victim of theft or vandalism – your home owners insurance can pay your loss or the cost of repairs.

Should your home be destroyed or seriously damaged, failure to accurately insure your property can delay the processing of your claim and in some cases, result in insufficient funds being available to properly rebuild your home.

Additionally, Canadian life is full of sports and most of us Canadians have valuable toys as a result. This is why we have very comparative solutions for all your toys.

Property Insurance Coverage

Every home is different. That’s why it is so important to have the right protection for your dwelling. Sometimes called fire insurance, home insurance is generally broken down into four categories:

  • Home owners
  • Condo unit owners
  • Tenants
  • Seasonal Home/Cottage

Depending on which insurance policy you need, your Aaxel Insurance Brokers will guide you through the coverage and put together a program that suits your needs.

Personal Liability (Bodily injury & Property damage)

It covers against your personal liability if you are held liable and pays for the potential legal fees to protect you (e.g. a guest in your home is injured – liability protection may help pay expenses).

Dwelling Coverage

It covers against loss to your home from an insured peril. These perils include, but are not limited to: fire loss, vandalism, etc.

Contents Coverage

It is covered under the home owner’s policy and is usually a percentage of the dwelling limit (e.g. 70%). Coverage is provided on a worldwide basis. Items such as watches, jewellery, bicycles etc. have sub limits specified within the policy.

Items with dollar value above a certain amount such as jewellery items like diamond rings, bracelets, watches etc. should be scheduled on the policy to insure them properly.


Outbuildings are covered and are usually a percentage of the dwelling limit.

Additional Living Expenses

When an insured loss happens the insurer provides coverage for your move to a temporary location and pays for the additional living expenses associated with this move.

Sewer Back Coverage

It is an optional coverage but very important nonetheless. Sewer Back Coverage covers against loss to contents and building due to sewer backup.


Coverage is available from certain insurance companies and they have quite different coverage as well.

Additional Protection / Umbrella Policy

Personal Umbrella Policy

Your home and auto policies already provide basic liability protection. However, as your assets increase, so does your liability exposure. A Personal Umbrella Policy can increase your liability coverage at a reasonable cost and give you peace of mind.

Why Umbrella Policy?

Once the liability limits are exhausted on your home or auto policy, your umbrella policy takes over and provides another layer of liability protection should you be sued and found legally liable for causing injury to someone else or damaging their respective property.

Due to the average size of jury awards having increased in the past few years, umbrella insurance has become far more important.

Best of all, the average cost for this protection is less than a dollar a day. Ask your trustworthy Aaxel insurance Broker today about how you can protect you and your family from an unexpected claim.

Rental Property:

Whether your real-estate investments include a small unit in a high-rise condominium or a 3-family triplex, as part of your personal insurance account, you will find our rental property programs are flexible and very competitively priced.

Rental income can be covered as well.  As a landlord, your focus is on making your rental property portfolio as profitable as possible. We can show you how a properly structured insurance plan saves you money. An uninsured or underinsured loss can result in major financial loss.

Make sure you know what your risks are, what you are insured for and, most importantly, what you are not! It is very important when insuring your rental property to make certain that the broker you are dealing with has:

Enough experience in this line of business, represents enough insurers to get alternative quotes, discusses risk management techniques and can provide readily available information.

Leisure Insurance

You will find our leisure insurance programs excellent, competitive and available for virtually all of your leisure insurance needs including…

ATV’s, boats, yachts, motorcycles, snowmobiles, personal watercraft, cottages, trailers, motor homes, antique & collector automobiles, and more!

We can assure you that at Aaxel insurance you will get truly caring advice & appropriate coverage for all your needs. We will arrange your coverage through insurers who are financially strong and love to service their clients, especially when you as the client need them the most.

Please feel free to drop us a note along with some information regarding any inquiries to: 1-866-358-2860.

Property Claims

As a value-added service to our property clients, we have partnered with DSB Claims Solutions with respect to claims handling. Therefore, if you have experienced an “after-hours” property loss at your home, cottage, or business involving perils such as fire, wind ,or water please contact for immediate assistance:

Dara Banga
President and Chief Adjusting Officer
DSB Claims Solutions
Cell: 416-400-8933

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