Life and Health Insurance

5 good reasons to choose SSQ Insurance’s critical illness coverage

5 good reasons to choose SSQ Insurance’s critical illness coverage

Did you present our critical illness insurance rider (without evidence of insurability) to your clients and they showed interest in this living benefit? SSQ Insurance also offers a full range of critical illness insurance products that can be tailored to the individual needs of your clients.

Here are a few key things to keep in mind:

1. A variety of terms

Available as 10 and 20 year terms or as levelled coverage to age 75 or 100, the product is designed to suit different individual needs. The 10 and 20 year terms include a conversion option to extend the coverage over a longer period.

2. Tailored coverage

The Basic plan covers the three most common illnesses while the Enhanced plan covers 25 illnesses including loss of autonomy, Alzheimer’s and Parkinson’s diseases. The Enhanced plan also includes a Supplementary Benefit that pays 10% of the insurance amount, up to $50,000, for certain illnesses that do not represent a risk of death in the short term. This benefit doesn’t affect the amount payable following a diagnosis of one of the illnesses covered.

3. Reimbursable premiums

Clients may be eligible for a reimbursement of all premiums paid since the contract was issued if that option was requested from the very beginning. Available either while living or at the time of death, the return of premiums ensures that the client gets his or her reimbursement if the benefit in case of a diagnosis has not been paid. This option allows our clients to save while being protected.

4. Assistance Benefit included at no extra cost

The assistance benefit offers peace of mind to policyholders through services like second medical opinion and legal assistance. The scope of the services allows customers to get advice on treatments to speed up recovery, or referrals to the most qualified doctors to treat their condition.

5. Protection for your client as well as for their family

The product has a critical illness insurance component for children that covers childhood diseases like cystic fibrosis, muscular dystrophy and autism. The policyholder can also opt for the children’s endorsement to cover all their children under the same policy.

 

Finally, remember that our critical illness insurance plans can be combined with our term and permanent life insurance products. This way there is only one policy fee and the risk of having the policy replaced is decreased.

Click here for the critical illness insurance at a glance.

 

For more information, please contact your SSQ Insurance representative.