Health Insurance / Living Benefits

Dr. Christian Barnard, who performed the world's first human heart transplant, noted that many of his patients who experienced critical events "didn't lose their life, they lost their life savings."

As governments cut back, our clients realize their ever-increasing responsibility in their overall health and well-being and in their financial well-being following a major medical event. Capital Estate Planning's health benefits and insurances address those very real financial hardships of which Dr. Barnard spoke.

Environmental degradation and unhealthy lfestyles among other things have caused a greater incidence of critical illnesses at the same time as medical technology is making rapid advances. We now have a greater chance of experiencing a serious illness and surviving longer with it. The Canadian population is demanding more from its health care system at the same time that our government has cut funding.

Once, insurance was seen as necessary only to provide for dependents and to satisfy creditors following a death. Now, in addition to providing for the financial security of loved ones and creditor interests, insurance is more often necessary to address the financial needs of the patient during his or her own lifetime following a critical event.

To read about our health benefits programs, please choose one of the options below:

» Individual / Family Health and Dental Plans
» Disability - Loss of Income Insurance
» Long Term Care Insurance
» Heart Stroke and Cancer Coverage

Individual / Family Health and Dental Plans
Knowing that governments are continuing to cut medical services covered by provincial health plans, Canadians need to protect themselves not only against unexpected medical expenses, but also against the rising costs of regular day-to-day health and dental services. We offer health and dental plans that give you peace of mind in knowing that your health care benefits will be there when you really need them.

Disability - Loss of Income Insurance
If you become disabled, your ability to earn income may be compromised, and your ability to pay bills or save for retirement may decline. Our disability insurance plans are designed to help you meet your income requirements so you can concentrate on recovering from your disability and returning to an active life.

The peace of mind that income protection can provide is available for professionals, business owners, business executives, and full-time, part-time or home-based workers. Whether you need to secure your main source of income or to supplement the coverage you receive from your employer or an association, we can provide a comprehensive and portable plan you can rely on throughout your working years.

Long Term Care Insurance
Long term care insurance gives you the financial resources to help you preserve your assets and your retirement savings. It helps you maintain your lifestyle and financial security by providing you the resources you need to remain independent, even in the face of a serious health setback. At the same time, it gives your children an alternative to providing you with the care themselves, and protects your estate for your beneficiaries. Most importantly, it gives you options, so that you can make decisions about personal care that are best for your particular needs.

Long Term Care insurance provides a daily benefit if you lose the ability to care for yourself, and require the services of professional assistance at home or care facility. It offers you these advantages:

• An affordable way to pay the monthly cost of long term care.
• Select care in the setting that is most convenient and suitable for your needs, or receive professional attention in your own home, if you prefer.
• Helps you pay for medical expenses that may be only partially subsidized by provincial health plans.
• Benefits paid directly to you, regardless of government health care aid you may receive.

Heart, Stroke and Cancer Coverage
Advances in medical technology have made it possible for us to survive illnesses that once led to early death. The Canadian population is demanding more from its health care system, yet at the same time, our government has cut funding. Heart, Stroke and Cancer Insurance pays a lump sum of tax-free cash if an insured individual is diagnosed with one of these critical illnesses.

Heart, Stroke and Cancer coverage is discretionary once you are diagnosed, but it may help in:

• Providing appropriate care, when and where you decide
• Covering medical expenses not covered under provincial health care
• Replacing reduced earnings
• Adapting your home to meet your health needs.

Contact an advisor at Capital Estate Planning to learn details of these important health benefits and coverages.