# Thursday, June 21, 2012
                 
We are very happy to announce the launch of a new group insurance product from Wawanesa Life called Diversity. Companies that have 3 to 9 employees can now get instant Diversity quotes online. No more going back and forth with a broker regarding employee information. No more waiting for your quotes for weeks on end.

To the best of our knowledge, HealthQuotes.ca is the first web site to offer instant, online employee benefits quotes!

Online Diversity quotes are available to companies located in the following Canadian provinces: B.C, Alberta, Manitoba, Saskatchewan, Ontario, New Brunswick, PEI, Nova Scotia and Newfoundland.

Eligibility

  • All employees must participate
  • For full and part-time employees that work a minimum of 24 hours a week
  • For companies with 3-9 employees, aged 18 to 69
  • There are no specific industries that are excluded
  • Seasonal employees are eligible if they work at least 9 months out of the year

Plans and Coverage

There are three different types of Diversity plans available: Basic, Enhanced and Enhanced with Evidence LTD Coverage.

Diversity Basic:
  • Life insurance:
    • Benefit amount of $25,000
    • Terminates the earliest of retirement or age 70
  • Accidental death insurance:
    • Benefit amount of $25,000
    • Terminates the earliest of retirement or age 70
  • Long term disability:
    • Benefit amount of $750/month.
    • Maximum benefit period is 5 years.
    • There is a critical illness feature that has a $1,000 single payment (once per lifetime)
  • Extended health benefits:
    • 80% reimbursement for drugs, paramedical and medical supplies
    • Coverage for prescription drugs ($5,000 per calendar year)
    • Paramedical services (maximum of $800 per calendar year)
    • Medical services and supplies (maximum of $1,500 per calendar year)
    • Ground ambulance
    • Semi-private hospital room
    • Emergency out-of-country travel assistance.
    • Benefits terminate the earlier of retirement or employee age of 70 (dependent children at age 21)
  • Dental care benefits:
    • Basic services (reimbursement at 80%)
    • Recall exam every 9 months
    • Scaling (10 units per calendar year).

Diversity Enhanced:
  • Similar to Basic plan above, with the following differences:
  • Life insurance: $50,000 coverage
  • Accidental death insurance: benefit amount of $50,000
  • Long term disability:
    • $1,500/month without evidence
    • 2,500/month with evidence.
    • Critical illness offers $1,500 single payment (once per lifetime)
  • Extended health benefits:
    • 90% reimbursement for drugs, paramedical and medical supplies
    • Coverage for prescription drugs ($10,000 per calendar year)
    • Paramedical services (maximum of $1,000 per calendar year)
    • Medical services and supplies (maximum of $2,000 per calendar year)
  • Vision care benefit: 100% reimbursement
  • Dental care benefits: Basic services (reimbursement at 90%)

Diversity Enhanced with Evidence LTD Coverage:
  • Similar to Enhanced plan above
  • Comes with an additional $1,000 of LTD coverage
  • Requires medical evidence

Conclusion

We are excited to offer this new group insurance plan online! Here at HealthQuotes.ca we believe in making the purchase of insurance as easy as possible for Canadians.

If you have any questions visit our web site, or call a licensed Canadian insurance broker toll-free at 1-800-474-4474.

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