Why Would I Need This?
The most common and largest stress that people face today is.....financial stress. In Canada, 48% of people are living paycheck to paycheck and would find it difficult if their pay was delayed by one week or more. How would you be affected if you sustained and injury or sickness and unable to earn and income PLUS recieving additional bills and expenses? What if your spouse or childen were in the hospital - where you you choose to be? By their side of course.
We ALL think that "it will never happen to me" or "I never get hurt", but the reality is that our hospitals and medical system is full of people that NEVER expected to be there. We don't plan to have an injury or sickness when we get out of bed in the morning like cutting our hand while making dinner or being involved in a car accident on the way home from work or maybe - god forbid - being diagnosed with a disease like cancer - but it happens, wouldnt you agree?
Here's a few statstics from StatsCan:
- According to Canadaian Cancer Statistics - Nearly 1 in 2 Canadians is expected to be diagnosed with cancer at some point during their lifetime.(1) It was estimated that in 2017 alone, 206,200 new cases of cancer would be diagnosed in Canada. Although an increasing number of Canadians are surviving at least 5 years past their cancer diagnosis, cancer continues to be the leading cause of death in Canada. About 1 in 4 Canadians is expected to die from cancer.
- An estimated 4.27 million Canadians aged 12 or older suffered an injury severe enough to limit their usual activities in 2009–2010. This represents 15% of the population, an increase from 13% in 2001.
- In Canada in 2016/17 (April 1, 2016 to March 31, 2017), unintentional injuries (excluding complications of medical and surgical care) were the 7th leading cause of hospitalization among all causes (excluding pregnancy, childbirth and the puerperium).
- Overall, falls were the leading cause of injury. About 63% of seniors and one-half of adolescents were injured in falls, as were 35% of working-age adults.
- Young people aged 12 to 19 had the highest likelihood of injury. More than one-quarter (27%) of this age group suffered an injury, almost twice the proportion of adults (14%) and three times the proportion of seniors (9%).
- Two out of three (66%) injuries among adolescents were linked to sports. Among working-age adults (20 to 64), sports and work were related to almost half (47%) of injuries. Over half (55%) of seniors' injuries occurred while walking or doing household chores.
Preparation is KEY. All insurances we already have (life, car, home or disability) need to be in place BEFORE something happens in order for us to use it. But what if you don't know there is a product that could litterally change your life in the unfortunate event of an injury or sickness? I have NEVER been able to use something that I didnt know existed.
Our mission is to share information and education about the industry's BEST kept secret so that you can make an informed decison on whether this coverage is right for you and provide peace of mind if something ever was to happen.
Why is this any different than what I may already have?
Simply put - this coverage can be provided on its own (if you don't currently have any protection) AND it pays in ADDITION to anything you may already have without restrictions of activities to fill in the gaps. Our "Insurance with a twist" covers you 24/7/365 in Canada and USA for ANY activity, recreational activity or sport. Our "claim to fame" is that we WANT YOU to be paid rather than finding any excuse not to pay you like the other guys.
But what if I just buy travel insurance? Won't that cover me for everything? I always support and RECOMMEND any and all types of insurance products when you are travelling outside your own province or country to provide peace of mind if something was to happen. Travel Insurance does have it's limitations that most people may be unaware of though. The cost is usually very affordable but is NOT medically underwritten and can exclude any "high risk" activites like motorbikes, scuba diving, contact sports or even riding a bicycle. This means that the travel insurance company has the right to limit or refuse any claims due to something like a pre-existing medical condition or activity they deem to be high risk. And when - god forbid - something was to happen, this should be the very last thing that you have to worry about or worse - find out that you may not be covered and wonder how you are going to pay a huge bill for medical expenses, hotels or just getting home.
How does Accident & Sickness cover me?
In my opinion, our accident and sickness coverage is very unique and provides the most value for everyone.
This covers you in 5 important ways:
- If you are admitted to hospital - paying you a daily rate for every day you spend in the hospital
- Intensive Care - pays a much higher daily rate due to serious nature of injury or illness
- Ambulance Reimbursment - covers the additional cost of ambulance transportation
- Recovery Benefit - benefit paid automatically based on the number of days spent in the hospital
- Outpatient Services - lump sump benefit paid for things like stitches or fractures (casts) when you are not admitted to hospital.
As an example - for outpatient services such as stitches or a cast (bone fracture), you would recieve up to $4200 tax-free. Or for something more serious requiring a hospital stay, we would pay you up to $9000/month tax-free. And remeber, this always pays in addition to any other type of insurance that you may already have.
How would this help you if something unexpected was to happen? Would you be upset if you recieved a cheque for going to the hospital?