Living Benefits
Critical Illness
- Health Priorities offers coverage for 26 illnesses and health conditionsð¡. If your clientsâ diagnosis corresponds to the policy definition, they will be entitled to a benefit payment of up to 100% of their insurance amount.
- Health priorities â Child, 20 pay option offers coverage for 29â¯critical illnesses, including 3â¯childhood illnessesð¡. It also gives the option of adding 3 additional childhood diseasesð¡to the coverage.
- Health Priorities provides coverage for all types of cancer. Depending on what stage the cancer has progressed to, your client will receive either a partial or total benefit payment.
- Health Priorities provides partial payment (an advance) for some illnesses and conditions that donât meet the definitions of the 26 covered illnesses.7
- The policy doesnât just cover a permanent loss of independent existenceâ your clients may also be entitled to a partial benefit in the event of a temporary loss of independence.8
- You can add the return on premium on death as an option to your clientâs policy if available. In the event of death, this option will pay the higher of the following amounts to the beneficiary: the total premiums paid or 25% of the insurance amount.
- The Executive Health Plan is designed to protect the financial health of a business in the event a key employee is diagnosed with a critical illness.
Disability Insurance
- SOLO Loan Insurance covers your clients' personal and business loans and provides a monthly benefit of up to $3,000 without proof of income.
- SOLO Disability Income will partially replace your clients' income if they are unable to work due to accident or illness. They can focus on getting better, knowing their living expenses are covered.
- SOLO Essential Disability Income guarantees acceptance if your clients meet the criteria by answering three simple eligibility questions.
Health Insurance
- Allows your clients to complement the coverage offered by provincial health insurance plans by having access to many services not covered by public plans, such as services provided by health professionals other than doctors, medication costs, dental or vision care.
7 The amount of these payments varies between 1% and 30%.
8 Loss of independence is defined as the inability to perform at least 2 of the 6 activities of daily living without the help of another person for at least 90 days.