Freedom to ChooseTM
For clients who are
losing coverage or near retirement
Underwritten for rate classification
no medical questionnaire required;
for those with pre-existing conditions
for quotes that are
not available online yet.
Imagine this scenario: You are enjoying a nice day out with your family, when suddenly you had a heart attack, or some sort of acute medical condition - think food poisoning or a life-threatening allergic reaction to something you did not know about... Yikes! ( How about the much worse scenario - you were diagnosed with cancer that requires long-term treatment and recovery?!)
You are rushed to the hospital, where you have to stay for a few days or weeks to get treated. You are in pain, but also relieved that your provincial health care plan will cover your in-hospital medical care. But what about the other costs that you may not have thought of? How will you pay for them?
Hospitalization can have many hidden costs that are not covered by your provincial health care plan. These can include:
Other costs could include credit card bills, babysitters, medical appliances, rehabilitation or nursing care etc.
As you can see, hospitalization can have many hidden costs that can add up quickly and put a strain on your finances. What if there is a plan that could pay up to $4,400 for one day of hospitalization, or up to $12,000 a month directly to you, in addition to any other benefits you may receive from other sources, starting with the very first day you are hospitalized* due to any accident or sickness?
Okay, not everyone will end up having a serious condition, but how about common conditions like appendicitis, kidney stones, arthritis, asthma, and pneumonia, cataract surgeries or hip replacement? Needless to say, it also protects you from the big three: heart attack, cancer, and stroke*.
Don’t wait until it’s too late, contact us or book a time with us for your own plan quote if you think this plan is right for you, and take a proactive stance towards your health and financial well-being.
*Certain conditions apply.
This article is written based on information provided by Combined Insurance. This is not an endorsement of the product as each individual's needs are different. Please contact us for your specific needs.
Even hard-to-insure client could get covered when many traditional plans would have turn them down*. e.g. kidney disease, lupus, autism, epilepsy etc.
The second best thing? It covers accidents the same way, from new born babies to the 85 year "youngs"*!
Are you looking for a beacon of financial comfort amidst the unpredictable seas of medical expenses? We all know the drill: deciphering insurance jargon, navigating confusing forms, and hoping our health stays in tip-top shape. But fear not, because this Guaranteed Acceptance Health & Dental Plan might be just what you need.
Imagine a world where your eligible medications are covered, and dental care begins promptly. No waiting around, no delays. With this plan, your dental appointment can be booked for the 1st day of the following month after your application is complete.
It's a seamless process designed to make sure your health journey starts off on the right foot. This plan is tailored for those who don't have the luxury of employer coverage and are seeking a straightforward solution.
Offering affordable monthly rates and without the burden of a yearly deductible, the Guaranteed Acceptance Plan is a pragmatic answer to comprehensive coverage. E.g. for individuals aged 45-54, the monthly premiums ranges from $91 to $146 (plus taxes), depending on the level of benefits you want.
Now, let's delve into the core selling points of this plan, without the frills:
In this intricate world of health insurance, this plan stands out as a beacon of simplicity and coverage, ensuring you're prepared for whatever health journey lies ahead. Embrace the certainty, the transparency, and the peace of mind that come with securing your health through this exceptional plan. Your future self will thank you for this wise investment.
Your next step is clear: contact us or book a time with us for your own plan quote if you think this Guaranteed Acceptance Plan is right for you, and take a proactive stance towards your health and financial well-being.
This article is written based on information provided by Pacific Blue Cross. This is not an endorsement of the product as each individual's needs are different.
Insurance is an essential component of our financial lives, providing protection against unforeseen events and losses. While most people can easily find standard insurance policies that suit their needs, some may have a hard time finding insurance policies to cover their specific situation due to their high-risk jobs or lifestyle.
Are you Hard-to-Insure?
There are insurance companies in the market that focus on this niche market and cater to those who have a higher risk of loss, such as individuals with a poor driving record, a history of health problems, or hazardous occupations or hobbies.
Let's take a look at the different types of insurance policies that you can get from such insurance companies:
1.Life Insurance: Major insurance companies hesitate to insure high-risk individuals, such as those with health concerns, a history of drug use, heavy drinking, or a dangerous occupation or hobby (heli-skiing, base jumping, dealing with explosives, etc.). The result could be a surcharge (called a rating), exclusions, a decline with reconsideration after a certain period of time, or a full decline.
Insurance companies with high-risk insurance niches will provide life coverage to these high-risk individuals, with the premium very commonly being lower than a rated premium. Other limitations may include a lower maximum coverage, a deferred pay-out, or a limited choice on what type of policies. However, one could usually get some sort of coverage one way or the other.
2.Health/Sickness Insurance, a.k.a living benefits: Individuals with pre-existing medical conditions, such as diabetes or cancer, may be considered high-risk, and they are generally not able to get health insurance, such as disability insurance or critical illness insurance. These types of insurance are harder to qualify for than life insurance and, therefore, left many without coverage.
However, some insurance companies have recently separated certain conditions out (unbundled) and made it possible for even cancer and heart disease patients to get coverage despite their pre-existing conditions. E.g., a Cancer patient could get life coverage even after a recent diagnosis. A heart disease patient could also purchase cancer coverage or other sickness insurance with the exclusion for a limited time.
3.Disability Insurance: Disability insurance is income-based replacement insurance. When you are not making an income or without a stable income, you will not qualify for disability insurance. If you are in a high-risk occupation, you will most likely get a surcharge, an exclusion, or declined for coverage.
Some niche companies in the market would provide coverage for even non-income earners and children as they understand one family member's suffering from a serious accident or sickness would impact the whole family's financial situation.
Imagine this: an income earner is hospitalized, and the immediate loss of income is easy to see. However, should a stay-home spouse or their parents or children be hospitalized, who will be paying the bills if the income earner needs to take time off to care for their loved ones? That's why, essentially, everyone should have such a plan.
4.Group Insurance: Individuals who run a business in a hazardous industry, or with a history of lawsuits may find it challenging to obtain insurance from standard insurers for their employees. Some good examples would be construction, power-line servicing, logging, mining, and trucking companies. Therefore, workers in these industries very often find themselves without coverage. With companies that focus on hard-to-insure clients in the market, they might not be a problem any longer.
Insurance Kit Covers Even the Uninsurable!
Insurance Kit has access to multiple insurance companies, including those niche insurance companies, to service those who don't seem eligible to get insurance policies from regular insurance providers.