|  | | | While none of us wish to contemplate misfortune, the truth is that disability has no respect for age, occupation, gender
or position when it strikes unexpectedly through sudden illness or accident. |
| Why Income Protection should be a priority: |
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|  Disability Insurance should be the number one priority in terms of benefit protection because, unless a person is very wealthy, one cannot normally self-insure the ability to work.
Curiously, many people think first about dental insurance, for example, because of an impending expense for major dental work. Even though we sell a lot of Health & Dental Insurance, we honestly believe that for most people, a much sounder approach is to have Disability Insurance in place first, and, if necessary, finance over time any infrequent major expense.
It just makes sense to protect the asset that's most valuable - your ability to earn an
income makes possible all the other elements of your life.
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| An affordable solution: |
| | | The new Menuflex™ Income Protection Program can assist you in meeting your protection needs at reasonable and competitive cost, while providing you and your loved ones with comprehensive protection against loss of income due to illness, injury or death. Enrolment is quick and easy, and no medical examinations are required.
Available coverage includes four separate benefits: |
| | | Coverage A - Temporary Total Disability (TTD): | | - 66.67% of weekly salary to a maximum of $1,000 per week for both accident
& sickness for a maximum of 24 months;
- covers earnings up to $77,990/annum;
| Coverage B - Permanent Total Disability (PTD): | |
- provides a lump sum, tax-free payment of up to 5 times gross annual earnings (up to a maximum of $500,000) after 25 months of continuous disability when it has been determined that the insured is "Permanently and Totally Disabled".
- covers you for both accident or sickness.
| Coverage C - Critical Illness Benefits (CI): | | - Tax-free, Lump Sum $50,000 Benefit payable if you are diagnosed with one of
TEN life-threatening conditions and survive for days (90 days in the case of Cancer)
| Coverage D -
Accidental Death & Dismemberment (AD&D): | | - 24 hour, 365 days per year coverage of up to $500,000 payable in the event of accidental death or dismemberment;
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