Does choosing an insurance policy frustrate you?
Are you seeking to find the correct policy for your various insurance needs? ( Life coverages / Living Benefits, Disability, Critical Illness, Long Term Care and Health and Dental solutions.)
Did you know that many of the Living Benefit policies offer substantial Return of Premium benefits if minimal or no claims?
At the same time, your in force life insurance policies should be reviewed. All of these issues should be taken into consideration, as many of these older policies have valuable features that can be utilized for your family's benefit.
I'm here to help.
I am passionate about Living Benefits, which primarily consist of Disability, Critical Illness and Long-Term Care insurance. These are benefits you receive during your lifetime. I have committed more than 25 years of my career to this special field of insurance.
Here's why you need Living Benefits - Let's begin by asking the following question:
What is your greatest asset?
Answer: Your ability to earn an income, generate and maintain wealth.
It's worth more than you think. In fact, it's worth millions of dollars over the course of your entire career.
Did you know that 50% of your premiums can be refunded tax-free if you have no claims? This refund is available at the end of every 7 year period.
My clients have received more than $6 million in Disability insurance premium refunds through the largest insurance carriers in Canada. My clients took my advice; they did not have to cancel their policies after receiving the refunds and their premiums remained the same!
How do you choose the right insurance policy, given the ever-evolving tax environment, government benefits, and the array of products designed to offer solutions? Does the overabundance of insurance policy choices overwhelm you? What about the legal language of an insurance policy - do you find this difficult to understand?
I will carefully guide you through our policies to help you to choose the right coverage to perfectly suit you and your individual needs.
Please click here to contact us for assistance with any financial questions.
This overview is designed to give you an introductory look at the complete suite of our Living Benefits products, including key features, benefits, value and target markets. For more details or specific product information, contact us today!
Full Range of Disability Product Lines from the Major Carriers
| This is typical of an executive-level disability contract: | |||||||||||||
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| Product Overview | Offers top quality income protection during total, partial or residual disability. | ||||||||||||
| Target Markets | Professionals and executives who value a comprehensive income protection plan. | ||||||||||||
| Premium Structure | Level, guaranteed to age 65. Guaranteed renewable after age 65 if insured continues to work full-time (subject to change in premiums). | ||||||||||||
| Issue Ages | 18 - 60 (age nearest) | ||||||||||||
| What Triggers Payment of Benefits? |
Total or reduced disability due to injury or sickness. Total Inability to perform the substantial duties of the regular occupation and not working elsewhere. Reduced Choice of residual or partial definition at time of claim. Can switch option each month during first year of claim. Residual Not totally disabled but suffers at least a 20% loss of income. Benefits are proportional to the income loss. Partial Inability to perform one or more important duties or can only work half the regular hours. Fifty percent of monthly benefit payable for first 36 months; 25% thereafter. |
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| When Does Payment Begin? | After selected elimination period from onset of disability: 30, 60, 90, 120, or 730 days. | ||||||||||||
| How are Benefits Paid? | Monthly benefits payable during the selected benefit period while disability lasts: 2 or 5 years, or to age 65. | ||||||||||||
| Benefit Maximum |
Maximum Monthly benefit selected at issue depends on earned income, with overall limits as follows:
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| Standard Benefits |
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| Optional Riders (age restrictions may apply) |
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| This is typical of an intermediate level disability contract. | ||||||||||
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| Product Overview | Provides cost-effective protection against total disability, with optional partial or residual benefits. Built-in discounts for business owners. | |||||||||
| Target Markets | Small business owners and employees who want affordable and reliable income protection. | |||||||||
| Premium Structure | Level, guaranteed to age 65. Guaranteed renewable after age 65 to age 75 if insured continues to work full-time (subject to change in premiums). | |||||||||
| Issue Ages | 18 - 60 (age nearest) | |||||||||
| What Triggers Payment of Benefits? |
Total disability due to injury or sickness (plus partial or residual disability if the respective rider is added). Total: during regular occupation period, inability to perform the substantial duties of the regular occupation and not working elsewhere. After regular occupation period, inability to work in any reasonable occupation. Regular Occupation Period: normally 5 years (2 years with 2-year benefit period). May be extended to age 65 (except for farm owner, part-time workers, some class B occupations and short benefit periods). |
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| When Does Payment Begin? |
After selected elimination period from onset of disability: 30, 60, 90, 120 or 730 days However, farm owners may not select 30-day elimination period and part-time workers may not select 30 or 60-day elimination period. |
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| How are Benefits Paid? |
Monthly benefits payable during the selected benefit period while disability lasts: 2 or 5 years, or to age 65* |
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| Benefit Maximum |
Same as Proguard Series for class 4S/4A/3A/2A. For classes A and B as follows:
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| Standard Benefits |
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| Optional Riders (age restrictions may apply) |
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No Proof of Income required up to $2,000 of coverage
| This is typical of a basic level disability contract. | |
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| Product Overview | Provides inexpensive basic accident + sickness coverage across a spectrum of Business Owners and Individuals. |
| Target Markets | Industrial trade workers seeking an add-on to WSIB coverage, New Business Owners, hard-to-insure Occupations, Seniors and Unemployed Individuals, Children as young as age 5. |
| Premium Structure | Guaranteed Renewable to age 90. Premium can change on all policies by risk classification. i.e. by age, plan, province, amount, occupation or any combination of these. Only one change can be made in any 12 month period. |
| Issue Ages | Ages 5 to 80. (age last) |
| What Triggers Payment of Benefits? | Unable to perform regular occupation (2 yrs) and any occupation thereafter. If unemployed - unable to do most of his or her routine daily activities. |
| When Does Payment Begin? |
Accident - 0, 30 and 120 day elimination periods.
Sickness - 15,30 and 120 day elimination periods.
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| How are Benefits Paid? | Monthly benefits payable during the selected benefit period while disability lasts 2 yrs, 5 yrs or to age 65 |
| Benefit Maximum | $500 for applicants in the "Limited Benefits" category (unemployed, retired, high risk occupations). Otherwise, the lesser of $ 4,000 or 75% of insurable monthly income, rounded down to the nearest $100 |
| Standard Benefits |
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| Optional Riders (age restrictions may apply) |
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This is a quick overview of our Critical Illness products, including key features, benefits, value and target markets.
| This is what a typical critical illness contract looks like. | |
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| Product Overview | Provides a cash benefit if a covered condition is diagnosed. This benefit can provide financial options to help with recovery. |
| Target Markets | Individuals with diverse needs such as:
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| Premium Structure |
Premiums are fully guaranteed. |
| Issue Ages (age nearest) |
Special quote available for ages 61 - 65 on 10-year Renewable and Permanent (pay until age 100), and for ages 61 - 64 on Level. |
| What Triggers Payment of Benefits? | Diagnosis of any one of the following covered conditions, subject to survival of a waiting period:
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| When Does Payment Begin? | After survival of a waiting period is completed - usually 30 days following diagnosis (longer for some conditions). |
| How are Benefits Paid? | One-time cash benefit. |
| Benefit Maximum | Coverage bands:
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| Standard Benefits |
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| Optional Riders (age restrictions may apply) |
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| A new and innovative approach to long term care. | |
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| Product Overview | Provides benefits from Major Carriers to help cover the costs of long term care, either home-based or in a nursing care facility. |
| Target Markets |
Retirees and pre-retirees concerned about:
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| Premium Structure | Designed to be level to age 100 or Pay for 20 years or pay to age 65. Premiums are guaranteed for the first five years. After that Premiums may increase or decrease to reflect changes in cost experience. If however premiums are payable to age 100, the last time rates can be changed is the latter of attained age 75 or 20 years from the coverage effective date. |
| Issue Ages |
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| What Triggers Payment of Benefits? |
Requires assistance with Activities of Daily Living or due to a cognitive impairment, and incurs associated expenses. Activities of Daily Living: requires the physical assistance of another person to perform 2 or more of: bathing, continence, eating, dressing, toileting, transferring. Cognitive Impairment: has a loss of mental capacity so that ongoing supervision from another person is required. Examples include Alzheimer's disease or senile dementia. A care coordinator, who develops a plan of care satisfactory to both the insured and the insurer, must assess loss. The plan of care identifies the type, frequency and duration of required services. |
| When Does Payment Begin? | After selected elimination periods from the date of assessment: 30, 90 or 180 calendar days. |
| How are Benefits Paid? | Single Life Coverage: $25,000 to $1 Million - 0.5%, 1% or 2% OR Paid for Life |
| Benefit Maximum | Shared Coverage: $ 50,000 to $ 2 million - 0.25%, 0.5% or 1% OR Paid for Life |
| Standard Benefits |
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Our Health and Dental products are underwritten by Manulife Financial. These products are covered under FLEXCARE, FOLLOWME, and ASSOCIATION PLANS. Please see below for an overview of each product or contact our office.
We pride ourselves on providing our clients with the best and most innovative insurance programs available and have partnered with Manulife Financial to provide just that. Find out more about insurance options ideal for individuals and small businesses, get a personalized quote or apply online now.
| Flexcare | |
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| Product Overview | FLEXCARE is a unique health plan that allows you to select the benefits and level of coverage that best suits you - Prescription Drugs, Dental Care or a combination of both, Vision Care, Extended Health Care, Travel, AD&D (Accidental Death and Dismemberment), Hospital Coverage and more. |
| Target Markets | Any one not fully covered by a group health plan. |
| Product Structure | Clients choose a core plan: DrugPlus (Basic or Enhanced); DentalPlus (Basic or Enhanced); ComboPlus (Starter, Basic or Enhanced) and then customize it with Add-Ons OR you can select specific coverage without a core plan from the Stand-Alone options. |
| Plan Details |
DrugPlus plans provide coverage for brand name and generic prescription drugs as well as Vision Care, EHC, Travel and AD&D (choose Basic or Enhanced). DrugPlus plans require medical underwriting. DentalPlus Guaranteed Issue plans, cover regular cleaning, fillings, examinations and more, plus regular check-ups, and Vision Care, EHC, Travel and AD&D (choose Basic or Enhanced). ComboPlus plans offer the comprehensive benefits of DrugPlus and DentalPlus combined (choose Starter, Basic or Enhanced). ComboPlus Starter is a guaranteed issue plan; ComboPlus Basic and Enhanced require medical underwriting. |
| Add-Ons |
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| Stand-Alones |
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| How We Pay the Claims | In most cases, prescription drug claims are processed immediately with our electronic direct payment system. The same is true for many dental claims. All others are processed promptly upon receival of claim. |
| More Details |
Flexcare is designed to fill the gaps left by government health insurance plans. Since provincial health plans differ across Canada, Flexcare plan coverage and rates differ from province to province. Further, Flexcare benefits are adjusted to reflect the special health priorities and GHIP coverage offered to Seniors. This is a summary only. Please contact us for complete product information. Actual terms and conditions, including exclusions and limitations are detailed in the policy issued upon application approval. |
We pride ourselves on providing our clients with the best and most innovative insurance programs available and have partnered with Manulife Financial to provide just that. Find out more about insurance options ideal for individuals and small businesses, get a personalized quote or apply online now.
| FollowMe | |
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| Product Overview | FollowMe is the health plan specially designed for those who are leaving their group health plan behind - any group plan - whether through career change, retirement or job loss. Acceptance is guaranteed without completion of a medical questionnaire as long as your application is received within 60 days of your group coverage ending. |
| Target Markets | Any one whose group health coverage has recently ended or will soon end. (Application must be received within 60 days of group benefits ending.) |
| Product Structure | Clients select one of four plans - FollowMe Basic, Enhanced, Enhanced Plus or FollowMe Premiere. |
| Plan Details |
FollowMe Basic - A health plan that provides coverage for generic prescription drugs, vision care, EHC, hospital and AD&D. FollowMe Enhanced - A more generous plan that offers coverage for generic prescription drugs, vision care, EHC, hospital and AD&D. FollowMe Enhanced Plus - A comprehensive plan that offers the benefits of FollowMe Enhanced, plus dental care coverage. FollowMe Premiere - A health plan that provides more extensive protection against the costs of generic prescription drugs, dental care, vision, EHC, hospital benefits and AD&D. Acceptance is guaranteed for all four levels of coverage, provided that your application is received within the 60-day period. If, however, application is received thereafter, medical underwriting will be required. |
| How We Pay the Claims | In most cases, prescription drug claims are processed immediately with our electronic direct payment system. The same is true for many dental claims. All other claims are processed promptly upon receipt of claims. |
| More Details | FollowMe monthly premiums vary by province. This is a summary only. Please contact us for complete product information. Actual terms and conditions, including exclusions and limitations, are detailed in the policy issued upon application approval. |
We pride ourselves on providing our clients with the best and most innovative insurance programs available and have partnered with Manulife Financial to provide just that. Find out more about insurance options ideal for individuals and small businesses, get a personalized quote or apply online now.
| Association Health & Dental Plan | |
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| Product Overview | The Association Health & Dental plan offers eight plan choices. |
| Target Markets | Small to medium sized associations or small businesses. |
| Product Structure | You select one of eight plans - the Base, Bronze, Silver or Gold Health & Dental plan, or the Base, Bronze, Silver or Gold Dental Plan. The Base Health plan and all Dental plans are guaranteed issue. |
| Plan Details | The four Association Health & Dental plans offer increasing levels of coverage for prescription drugs, dental care, vision care, hospital coverage, EHC, AD&D and travel. The four Dental plans offer the same increasing levels of dental care coverage, and Base Health plan benefits excluding prescription drugs. |
| How We Pay the Claims | In most cases, prescription drug claims are processed immediately with our electronic direct payment system. The same is true for many dental claims. All others are processed promptly upon receival of claim. |
| More Details | The Association Health & Dental Plan monthly premiums vary by province or region. This is a summary only. Please contact us for complete product information. Actual terms and conditions, including exclusions and limitations, are detailed in the policy issued upon application approval. |
If your clients are headed out of the province or the country, Travel Insurance for Travelling Canadians is the best plan for their financial protection.
It offers emergency travel medication coverage up to $5,000,000 for Canadians travelling out of their home province.
Please note: If the claim is a result of an act of terrorism, this benefit may be limited. Other exclusions, limitations and conditions apply. See the policy for details.
