In this section, you'll find the answers to insurability problems including:
• Any decline for Life Insurance
• Life Insurance with no medical exams
• Any decline or exclusion for Disability Income Protection Insurance
Medical declines
You have been declined in the following situations?
• Mortgage insurance with a bank
• Group insurance with your association or employer
• Individual Insurance from an Insurance broker / financial advisor
SecureLife® has been designed specifically to enable many individuals that have been declined elsewhere for medical reasons to obtain valuable life insurance coverage.
Through a combination of special plan design features and unique special risk underwriting expertise and experience, we can offer coverage to many otherwise uninsurable individuals.
Among the more common medical conditions we have been able to insure are:
• Diabetes
• Heart disease
• Cancer survivors
• Obesity
• Alcohol, drug abuse
• Mental disorders
• Kidney transplants
• Multiple conditions
| Click here for more information |
The face amount can go up to $500 000, there is no medical exclusion and you are covered from day one. Foreign travel or residence
Many insurers refuse to insure people who visit higher risk parts of the world (war, terrorism, etc). We can provide Life Insurance to individuals and groups traveling to or working in the most hazardous parts of the world, including Iraq and Afghanistan.
Significant coverage tailored for key persons
Some shareholder agreements or other agreements require tailored Life Insurance coverage. We are able to negotiate customized contracts with insurers when the situation arises and when there is a need for important coverage for shareholders and directors.
Life Insurance with no medical exams
Some insurers offer Life Insurance products designed to meet the needs of people seeking insurance protection without the hassles associated with various medical examinations. Contact us for more information.
Medical declines or exclusions
About 10 to 15% of disability insurance applications are declined, most for medical reasons. We can insure approximately 85% of the cases declined for medical reasons by regular insurers. Furthermore, we rarely exclude the medical condition for which the applicant was declined.
Higher Risk or Unique Occupations (eg professional hockey player, actor, parachute instructor)
Traditional insurers will not offer income replacement coverage to professional athletes, entertainers, pilots, and other occupations that may entail higher risks or major fluctuations in income. If this is your case, we can insure you. High Limit Executive Top-Up (income of $30 000+ /month)
The higher your client's income, the lower the amount of insurance offered by traditional insurers as a percentage of income. Yet many high income earners “live up” to their income. They require their full income to support their lifestyle and savings requirements, and consequently want to insure as large a proportion of it as possible. If this is your situation, we can provide you with a complete coverage. Disability Income Protection Coverage after the Age of 60-65
Increasingly, corporations are retaining key employees and executives after the “normal” retirement age of 65. We can provide coverage after age 65 and even 70, as long as the individual remains in full-time employment.
Significant Disability Insurance coverage for key persons (up to $20 millions)
Disability Insurance coverage on business leaders offered by traditional insurers is often limited. We have the ability to protect your company for up to $20 million in the event of a leader's disability. New Businesses
Regular insurers will generally not offer coverage (Buy Sell Insurance, Overhead Expense Insurance) to a newly established business or professional practice. We will offer coverage, provided the business or practice has started its operations.
OUR FINANCIAL SERVICES AND PRODUCTS Recommendations and financial tools tailored to your needs 1010, de la Gauchetière West, Montréal, Québec, H3B 2N2
Phone: 514-878-1175 / Fax: 514-878-9339 / Toll free: 1-888-878-1171
|
print