About Us

Insuranceplancanada.com is commited to find cheapest possible premiums for Life Insurance and Travel Insurance needs of Canadians and visitors to Canada. Our Insurance portal is secured and is in constant endeavour to find the best coverage that suits your current and future need. Life Insurance is one of the best and simplest tool to provide financial security to your family and dependants, if you die prematurely. It provides income replacement, pays off your debt, provide funds for funeral and estate taxes.

Satisfaction:
Client satisfaction is primary for us. We offer products to our clients through our partners like Manulife Financial, Canada Life, Industrial Alliance, Forester life, Sun life etc. Our mission is Service at its best and Client first policy is paramount. Our success is your success and strong business is built on strong foundation of customer satisfaction. You have every right to talk to us but in that process our professionalism will win a right to do business with you. You will do business with us because of:

    • Trust and Integrity
    • Professionalism
    • Experience
    • Service
    • Client First Policy
    • Education
    • Our continuous urge to improve

Client-Advisor meeting:

It is very important to talk to a licensed advisor about your insurance needs. We as advisors are regulated through Insurance Commission of Canada are bound to serve our clients for their varied and unique needs. When you meet an advisor you discuss your personal situation with him and then advisor after all discussions look for best solution available in the market place that suits best and competitive in price.

Privacy:

You are protected by The Privacy Act of 1983, which

  • limits the collection, use and disclosure of your personal information
  • gives you the right to access and correct personal information which has been collected

You can learn more from the Treasury Board of Canada Secretariat.

PIPEDA

You are also protected by PIPEDA (the Personal Information Protection and Electronic Documents Act), which started taking effect in 2002. You must give consent before information about you is collected, used or disclosed. Ten principles apply:
1. Accountability
2. Identifying purposes
3. Consent
4. Limiting collection
5. Limiting use, disclosure, and retention
6. Accuracy
7. Safeguards
8. Openness
9. Individual access
10. Challenging compliance

You can learn more from the Treasury Board of Canada Secretariat.

Our Expertise

Individual Life and Health Insurance

When you decide to buy insurance , you should learn more about the different insurance companies, the services they offer and the products they distribute. We at Insuranceplancanada.com our primary objective is to help Canadians find most competitive Insurance coverage at cheapest possible premiums. We deal with all major insurance companies and have access to most of the products available on shelf. We at Insuranceplancanada.com follow strict guidelines of consumer privacy, ethics, trustworthy advice, excellent service and help you find the best.  You must prepare for your Meeting with a Representative. 
So you've decided to meet with a representative and are wondering: 

• What questions should I ask myself before the meeting? 
• What should I do to prepare myself for the encounter? 
• What questions should I ask the representative? What should I expect? 

To answer these questions, here is some information that will help you prepare for the meeting, feel more comfortable and take an active part in it.

• What I should do Before the Meeting 
• What I should do During the Meeting 
• What are our mutual Responsibilities and Expectations?

Critical Illness Insurance

Critical illness insurance is increasingly attractive to individuals looking to secure their financial health in the event of illness. A number of companies now offer this type of insurance, each with its own set of conditions. Take the time to familiarize yourself with the main features of this type of insurance so that you can better compare the various offers when shopping around. 

• How critical illness insurance is sold  • Coverage  • Illnesses covered, restrictions and exclusions  • Refund of premiums  • Insuring other people  • Premiums • Optional benefits
Age and coverage limits 
The limits vary from product to product and company to company on 
• The amount of critical illness insurance you can purchase, and  • The age of the insured. (Insurers use two main ways to determine age: some use the age of the insured on their last birthday and others use their age on their closest birthday.) Duration and type of coverage:
Different options are available:  • For example, is the amount of coverage fixed or does it decrease with time? Is it the same for all the illnesses covered? 
• At what age does coverage end?  • If you choose a policy whose premiums increase over time so as to maximize your protection in the short term based on your available budget, can you change the policy later to freeze your premiums without having to provide evidence of insurability? 
Age and coverage limits 
The limits vary from product to product and company to company on  • The amount of critical illness insurance you can purchase, and  • The age of the insured. (Insurers use two main ways to determine age: some use the age of the insured on their last birthday and others use their age on their closest birthday.) Duration and type of coverage: Different options are available:  • For example, is the amount of coverage fixed or does it decrease with time? Is it the same for all the illnesses covered?  • At what age does coverage end?  • If you choose a policy whose premiums increase over time so as to maximize your protection in the short term based on your available budget, can you change the policy later to freeze your premiums without having to provide evidence of insurability? 
Find out which illnesses and surgeries commonly covered by insurance companies are provided under the particular critical illness insurance policy you want to purchase, for example:

• Heart attack, stroke, coronary bypass, cancer, kidney failure, organ transplant, major organ failure on waiting list, multiple sclerosis, blindness, deafness, coma, Alzheimer's disease, Parkinson's disease, loss of speech, loss of limbs, paralysis, etc. 

It is also good to know that the definitions of these medical conditions are based on standards of medical practice and that the diagnosis of a condition by a qualified physician practicing in Canada usually entitles the insured to benefits. 
• For example, in the case of paralysis, some insurers require that the condition persist for 180 days while others only require that it last for 90 days. Other exclusions are systematically written into almost all contracts available on the market.  • For example, these exclusions pertain to self-mutilation or the diagnosis of cancer within the first 90 days of the contract taking effect. Refund of premiums  Many companies automatically refund premiums upon death if no benefits were paid out. But some companies offer more generous refunds than others. For this reason, it is important to clarify the following:  • Does the refund include interest at a predetermined rate?  • Is the refund subject to a maximum limit? 
Perhaps you would like several other people, such as your spouse or your business partners, to be covered under your critical illness insurance policy. 

• Is it possible to provide them with individual critical illness coverage under the same contract? 
There are certain premium-related features you should inquire into: 
• Up to what age are premiums payable? 
• Are they fixed or will they change after a predetermined period? 
• Are they guaranteed right up to the end of the payment period or, if applicable, for each of the terms?

Super Visa Insurance

Under the family reunification program, the Canadian government has initiated to provide Visa to Parents, Grand Parents and Spouses of those who are Permanent Residents or Canadian Citizens in order to allow them to stay in Canada for a maximum of two years without renewing their visa and their families can reunite faster than before they need not to apply for visa time and again to enter the country. The Super Visa also permits the family of the Canadian Citizens or Permanent Residents to enter Canada multiple times over a period of 10 years without having to re-apply. 

To qualify for a Canadian Super Visa, the applicant has to fulfill various prerequisites as laid down by the Canadian Government. 

One of the prerequisites for the Super Visa is "Super Visa Insurance".

Whenever a Canadian citizen or Permanent Resident applies for their Parents, Grand Parents, or their Spouse to visit Canada, they are required to purchase a private medical insurance also known as "Super Visa Insurance policy" and forward the details to the Canadian Visa Office which is processing the application where the parent's of the applicant resides. 

The concept of Super Visa Insurance has emerged as the health costs in Canada are some of the most expensive in the world and the Visa Officers must be certain that admitting the people in hospitals while in Canada is not going to end up representing a net cost to the Canadian taxpayers as the Non-Canadian residents are not covered to provincial or territorial coverage. 

To be a valid Super Visa Insurance:
• IT MUST COME FROM A CANADIAN INSURANCE COMPANY. 
• IT MUST COVER THE PARENTS, GRANDPARENTS OR SPOUSE FOR HEALTH CARE, HOSPITALIZATION AND REPATRIATION.
• IT MUST PROVIDE A MINIMUM OF $100,000 COVERAGE. 
• IT MUST COVER AT LEAST 365 DAYS AND 
• MUST BE VALID FOR EACH ENTRY TO CANADA.

While purchasing a Super Visa Insurance from a particular Canadian Company, the applicant must check the reputation of the company and the terms and conditions of the policy like,

1. HOW MUCH WILL BE THE PREMIUM?
2. WHAT IF THE RELATIVE DEPART CANADA PRIOR TO THE PERIOD OF 365 DAYS?

With regards to the minimum amount of coverage requirement, it was considered what other nations require for medical coverage and the average expense of healthcare services to produce the $100,000 requirement. It was determined $100,000 would be fair to the applicant and the Canadian taxpayer. Moreover, the insurance companies are bound to pay back the premium on pro-rata basis if the relative depart Canada prior to the period of 365 days. 

This Article is prepared for general information purposes only and is intended to provide comments for readers and friends. The contents should not be viewed as legal advice or opinion.

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