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Healthquotes.ca currently offers Monthly Indemnity insurance from Ontario Blue
Cross (this is currently available only to Ontario citizens, please note that
we are working on expanding this coverage).
- 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:
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Are you currently disabled?
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Are you currently hospitalized?
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Do you have cancer?
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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.
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