Welcome members of the
Canadian Congenital Heart Alliance
Secure Life, an individual life
insurance product and underwritten by
ACE INA Canada is
now available to persons aged 20 to 65 with congenital heart problems for up to
$500,000 of 20 year Term Life Insurance even if they have been declined coverage
from one of the main stream insurers.
Talk to anyone who has a serious health problem and they will
tell you the importance of having life insurance.
As we age our health deteriorates; it's just a fact. Buying life and health
insurance protection when one is healthy is the smart thing to do.
But what about the more than 180,000 Canadian children and adults who were born
with a congenital heart defect?
Congenital heart patients clearly understand the need for life insurance.
They want it, they need it but they can't get it, until now.
Medical science is way ahead of the insurance industry when it comes to taking
care of the needs of the congenital heart defect patients. Doctors can detect
and repair heart defects sooner and with a much greater success rate than 20
years ago but main stream insurance companies don't recognize this dramatic
increase to life expectancy.
Until now the only life insurance option was Guaranteed Issue Life Insurance,
(also known as "final needs or burial insurance), for people over age 40. These
products offer a maximum coverage amount of only $25,000 and do not meet the
needs of the younger person.
Each application is fully medically underwritten. The applicant will complete
an application, answer medical questions and may be required to provide blood
and urine samples depending on the amount of coverage. Additionally, a statement
from the applicant's doctor will be ordered. All costs of underwriting
are covered by the insurer.
While not all applicants will be accepted, many will be able to obtain this much
needed insurance protection. It is truly exciting news for this group of people.
This insurance coverage was not designed solely for heart patients and coverage
may be available to many otherwise uninsurable individuals.
For more information visit the
Canadian Congenital Heart
Alliance , The Canadian Congenital Heart Alliance (CCHA) is
a registered charitable organization made up of patients with a congenital heart
defect, their friends, families, and the medical community. The Canadian
Congenital Heart Alliance aims to improve the quality of care for these
patients, many of whom require lifelong expert care.
Overview:
SecureLife – Individual life insurance for those who have
been declined for medical reasons
Fact: Roughly
4% of life insurance applications in Canada are declined each year. This
represents an estimated 35,000 policies and $7 billion coverage. 80% of
these declines are due to medical reasons.
SecureLife has been designed specifically to enable many of your
clients 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
Highlights of the SecureLife Plan include:
Level term insurance for 20 years (or until age 75, whichever
occurs first)
Issue ages 20 to 65
Face amounts $50,000 to $500,000*
Fixed pricing – Most of those who qualify for coverage will pay
the published and quoted rates. A 2nd tier of rates, roughly 40%
higher, allows us to offer coverage to many others that would
otherwise be declined.
Innovative optional Premium Refund Rider
Full underwriting, full benefits from issue
* for larger needs we can offer supplementary accidental death
coverage through Lloyd’s, London
SecureLife is insured by
ACE INA Life
Insurance, a member of the ACE Group of Companies, one of the
world’s largest and most innovative providers or insurance products and
services.
Life Insurance Protect the important people in your life
People buy life insurance for all kinds of reasons.
Some people want to make certain that their family will be well taken care of
if they should die.
Some want to set up their estate to minimize the tax burden and make sure of
what they have earned goes to their heirs and still others need life insurance
to help them buy out a business partner or to provide additional benefits to key
employees.
Before we recommend any insurance product we complete a life insurance
needs analysis to determine how much and what kind of life insurance you
require.
Before submitting an application,
we encourage you to consider submitting a preliminary inquiry by printing
out and completing questionnaire below, and faxing it to (647) 438-4486 or
emailing it to
Nick@ProInsure.ca
