Living Benefits
Health & Dental Insurance
- Covers the expenses that is not cover under the provincial plan
- Help cover the costs of out of pocket services such dental, paramedical, ambulance services, hospital, prescription drugs and vision
- For people who are losing coverage, self employed and does not have group benefits
- Provides emergency travel medical
Source: Manulife, Healthquotes
Long Term Care Insurance
- Provides assistances if you are unable to take care of yourself and for daily activities
- Protects your retirement plans and choose the correct care when you need it
- Covers the costs for care facility and caregiver
- Must be incapable to perform at least 2 daily activities (eating, bathing or dressing) to receive benefits
Source: Ontario Health
Critical Illness Insurance
- Provides additional coverage for medical emergencies
- One time payment lump if diagnosed with a critical illness
- Covers the cost of daycare and renovation to make home more accessible
Disability Insurance
- Protects you and your family if you are unable to work and earn an income
- Replaces 65% to 85% of your income
- Ability to transition back to work with partial benefits
Source: Financial Consumer Agency of Canada, Government of Ontario
Find Out More