Better Business Bureau

Monthly Indemnity Insurance

Healthquotes.ca currently offers Monthly Indemnity insurance from Ontario Blue Cross (this is currently available only to Ontario citizens.

- Looking for guaranteed issue Health Insurance? Click HERE -

Monthly Indemnity is known as "virtually" guaranteed disability insurance. There are 4 simple questions to be answered, which consist of the following:

  1. Are you currently disabled?
  2. Are you currently hospitalized?
  3. Do you have cancer?
  4. Are you HIV posivitve?

If you answer no to these questions then your enrolment is guaranteed, regardless of any other health issues you might have.

There are two types of plans: Monthly Indemnity due to Accident Express and Monthly Indemnity due to Illness Express. The following tables briefly summarize both types of coverage:

Monthly Indemnity Due to Accident
ELIGIBILITY AND AMOUNTS OF INSURANCE OFFERED (IN $100 INCREMENTS) BENEFIT PERIOD WAITING PERIOD
16 to 59 years of age: $100 to $1,000
60 to 64 years of age: $100 to $500
12 months 5 days*
* Benefits are payable retroactive to the first day if you are disabled at least 5 consecutive days.

Monthly Indemnity Due to Illness
ELIGIBILITY AND AMOUNTS OF INSURANCE OFFERED (IN $100 INCREMENTS) BENEFIT PERIOD WAITING PERIOD
16 to 59 years of age: $100 to $1,000 12 months 14 or 30 days

- for more information call us toll-free at 1-800-474-4474 -

Note that monthly indemnity does not offer as much coverage as traditional disability insurance.