Living Benefits Insurance
Living benefits are intended to help your quality of life while your are still alive. Disability, Critical Illness, Long Term Care and Home Care insurance are all products designed to help retain ones dignity in case of an accident or a sickness or simply to ease the process of aging. And with the government's benefits being reduced, we'll all have to take greater responsibility for our old age.
Disability insurance is an income replacement product for self employed individuals and professionals who are in need of protection in case of a disability. Or business people who want to top up existing group benefits. Disability insurance should also be part and parcel of all buy-sell agreements.
Critical Illness insurance, this most recent and popular product is designed to provide tax free monies should you be diagnosed with a named critical illness. The money can be used to purchase health services, go for a trip or renovate your residence to accommodate your situation. This covergae should also be part of a buy-sell agreement between partners or key employees.
Long Term Care and Home Care insurance are products designed to fund those services that are becoming a concern to most Canadians because the government is eliminating the subsidies for these services. By purchasing your own plan you can assure yourself of adequate care in your later years or in case of accident or sickness when you are younger. This product guarantees you independence and dignity in your time of need for institutional care and allows you to stay home, if that is your desire.
We have access to a variety of insurance companies to locate the plan that fits your needs and budgets.