Three Sixty Financial Group serving Port Moody, Coquitlam and Vancouver Area
  • Home
  • About
    • Blog
    • Contact
    • Ruben's Shoes
    • Testimonials
    • Videos
  • Client Service
    • Business Insurance >
      • Buy/Sell Insurance
      • Business Overhead Expense Insurance
      • Corporately Owned/Shared Life Insurance
      • Group Critical Illness Insurance
      • Key Person Insurance
    • Charitable Giving
    • Critical Illness Insurance
    • Disability Insurance
    • Employee Group Benefits
    • Health & Dental Insurance >
      • Private Health Services Plan/Health & Welfare Trust
    • Home Insurance
    • Life Insurance
    • Long Term Care Insurance
    • Mortgage Services
    • Mortgage Insurance
    • Travel Insurance
  • Employee Benefits
  • Super Visa Insurance
  • Travel Insurance
  • BOOK APPOINTMENT

Add value to your Employee Benefit Plan with Critical Illness Insurance

5/14/2015

0 Comments

 
Picture
With the risk and occurrence of Cancer being so high these days, the most valuable coverage you can offer your employees on their extended health benefit plan is Critical Illness Insurance.

Critical Illness insurance issues a lump sum pay out 30 days after an employee is diagnosed with one of the covered illnesses such as Cancer. The plans vary by insurance company, but typically a plan with Critical Illness insurance will include coverage for Cancer, Heart Attack and Stroke. Many will also cover the diagnosis of MS, Parkinson’s, Alzheimer’s and Paralysis along with a dozen other illnesses.

The reason this coverage is so valuable is because there is no medical underwriting. This means that ALL employees no matter what their current health status or family history is are approved for coverage. With individual plans it can be difficult and costly to get coverage. It is significantly less expensive in a group plan than it is for employees to purchase this coverage on their own individually.

For example on a recent plan we just did, we were able to offer the employees $25,000 of Critical Illness insurance coverage for $3.40/month each! 


Read More
0 Comments

    Archives

    July 2017
    June 2017
    March 2017
    February 2017
    January 2017
    July 2016
    April 2016
    February 2016
    January 2016
    November 2015
    October 2015
    August 2015
    July 2015
    May 2015
    April 2015
    March 2015
    January 2015
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014

    Categories

    All
    Critical Illness Insurance
    Extended Health And Dental
    How To Get Your Company To Pay For Your Child’s Braces
    Life Insurance
    Life Insurance For Corporate Planning
    RRSP Vs Life Insurance
    Tax Planning
    Top 5 Ways To Spend The Refund From Your Critical Illness Insurance Policy
    Tri-City A-LIST!
    Visa Medical Insurance
    What Is Life Insurance?
    What Is Whole Life Life Insurance
    Whole Life Insurance

    RSS Feed

Book An Appointment
Picture

778 245 2262

Get Social with us!

Read Our Blog
Picture

©2017 All Rights Reserved  l  Three Sixty Financial Group 


Website powered & design by EGAMI Creative Group