Affordable Coverage for Health, Critical Illness, Disability & Travel
Corner Brook Life Insurance offers a variety of insurance plans including:
- Critical Illness Insurance
- Disability Insurance
- Travel Insurance
- Individual Health Insurance
With an individual insurance plan, most people want an affordable insurance solution that provides their family with the necessary coverage for things such as prescription drugs, dental coverage and vision care.
Within Newfoundland & Labrador, many people often discover they are ineligible for health insurance coverage after they become ill. Many also assume they are covered for all medications and treatments, regardless of where they occur. Unfortunately, many individuals discover that not all medications and treatments outside the hospital are covered by the Newfoundland and Labrador MCP program, leaving them responsible for thousands of dollars in medical bills.
Individual health insurance is necessary to remove the stress of illness when you should be focusing on getting better.
With the assistance of Corner Brook Life Insurance, you can apply now for health insurance while you are healthy. It is easy to be approved when you are healthy than when you are facing a major health issue. We can assist you with expert advice on our Medavie Blue Cross plans, help you choose the health plan that is catered to you and your family’s needs.
Contact Corner Brook Life Insurance today to discuss your health insurance options.
Critical Illness Insurance
Critical illness can occur anywhere, anytime and affect anyone.
Within Canada, 1 in 2.2 Canadians will develop cancer in their lifetime, whether it is prostate cancer for men or breast cancer for women. Atlantic Canadians have the highest rate of cancer in Canada with Newfoundland and Labrador having over 3,300 cases diagnosed per year.
The statistics for heart attack and stroke are just as alarming. Each year, there are 70,000 heart attacks in Canada (1 every 7 minutes). Heart attacks are a leading cause of death in the country. However, because of modern technology and advanced medicine, more people are surviving longer than ever before and will often find themselves ineligible for health insurance after their critical illness.
The Challenges of a Critical Illness
Being diagnosed with a critical illness provides challenges with the major being the stress of getting cured. The second biggest stress is financial, leaving many families to wonder Where money will come from to pay bills, maintain the mortgage, and more,
The answer is a 25 Condition Critical Illness Insurance Policy which pays you a lump sum, tax-free benefit. You can receive $100,000, $250,000, or up to whatever amount you choosem, with the money being paid directly to you, not to the hospital or another insurance company. You are free to do whatever you wish with the money you receive.
You can use the money on things such as home renovations, medical treatments, vacations, or just your day to day expenses.
Most critical illness policies generally include:
- Alzheimer’s disease
- Aortic surgery
- Aplastic anemia
- Bacterial meningitis
- Benign brain tumour
- Cancer (life-threatening)
- Coronary artery bypass surgery
- Heart attack
- Heart valve replacement
- Kidney failure
- Loss of independent existence
- Loss of limbs
- Loss of speech
- Major organ failure on waiting list
- Major organ transplant
- Motor neuron disease
- Multiple sclerosis
- Occupational HIV
- Parkinson’s disease
- Severe burns
- Stroke and early discovery benefit
Accidents and illnesses are a fact of life. They could happen to anyone at any time. Disability insurance is the best way to protect your ability to earn an income, protecting you and your family.
At Corner Brook Life Insurance, we can help you design a disability plan that will addresses your needs, and protect your ability to earn a living. This will provide you with peace of mind should something occur that jeopardizes your health. Coverage becomes available the second a disability strikes.
With disability insurance, you ensure that you and your family are protected.
There are a variety of disabilty insurance plans available whether it is for an individuals, professional, business owner, or an employee. At Corner Brook Life Insurance we can also design a plan to meet your individual needs or you can select a plan with standard features and benefits.
For most disability plans, you are covered for 66 2/3 of your gross income tax free.
The world has become a much smaller place, with many people choosing to travel for rest and relaxation during their vacation time. Unfortunately, medical emergencies don’t take a vacation just because you do.
When you’re planning to travel, be sure to consider getting travel insurance from Corner Brook Life Insurance. Unfortunately, out-of-province emergency medical expenses are not generally covered by your Provincial Medical Plan (MCP). The cost of one medical emergency while traveling can be financially devastating. Buying travel insurance is the best way to safeguard yourself should the unexpected happen during your travels.
Travel insurance can keep you and your family protected from the unexpected while out of the country.
When contacting us about travel insurance, ask us about trip cancellation and baggage!
Individual Health Insurance
Through Medavie Blue Cross, Corner Brook Life Insurance can offer Elements by Medavie Blue Cross, an affordable personal health plan that protects you and your family from costs generated during serious illness. The Elements plan comes with coverage on routine expenses like eyeglasses, antibiotics, and dental costs. There is no overall maximum on the drug module and financial protection is available should you develop any critical illness.
Contact Corner Brook Life Insurance for more details on any of these insurance offerings.