Frequently Asked Questions
Nothing. If you were truthful on your original application you will not be punished for starting to smoke after the policy is in force.
If you quit smoking for a period of at least 12 months after you purchase insurance you may apply to have your policy converted to a non-smoker rate provided you pass a urine sample collected by an independent paramedical services company.
The answer to this question varies greatly from case to case and should be recommended based on a number of things including your income, financial goals and outstanding debts. A needs analysis should be completed to help you ensure that the proper recommendation has been made. A good rule of thumb is between 5-10 times your earnings for Life insurance and usually 1-2 years earnings for Critical Illness Insurance.
The insurance you are referring to is called Critical Illness insurance. It pays out a lump sum of money 30 days after your diagnosis for up to 23 covered conditions, provided that you are still living.
Should you have a question that is not answered or the answer is too brief feel free to fill out a the contact form and we will be in touch with you ASAP. It is important for us to provide you with enough information to make an educated decision . We will make every attempt to provide you with the information you require so that you feel secure in your choice.
