No Group Plan? No Problem!
Everyone finds themselves visiting the dentist, filling prescriptions or considering treatments from a professional such as a chiropractor or physiotherapist. These expenses can add up quickly, especially if you aren’t covered by benefits offered by an employer.
Are you one of the many Canadians without health and dental benefits?
- Small business owners or employees
- Self-employed professionals
- Contract or seasonal workers
- Retired Canadians
- Unemployed or laid off employees
A personal health insurance plan may be right for you!
Most personal health insurance plans provide coverage for prescription drugs, dental and medical equipment. Some provide access to an internationally renowned group called Best Doctors® whose services ensure you have access to the very best medical attention.
Owning your own policy means you don’t have to worry about losing coverage if you change your employers.
To be eligible for personal health insurance coverage, you must be a resident of Canada and covered under the provincial health plan.
If you are self-employed and unincorporated, you may qualify to claim personal health insurance premiums as a business expense. You can realize tax savings and take care of your health at the same time!
Leaving your job?
Don’t leave your health and dental benefits behind! With a personal health plan, you can replace your group coverage with a personal plan of your own. If you apply within 60 days from the date your group benefits end, there are no medical requirements and, depending on the timing of your application, no gaps in coverage.
Different plans cover different needs, depending on your family mix and lifestyle. Talk to your financial advisor and explore your options.
Joe A Salib, CFP, Sun Life Financial, 416-407-0748, joe.salib@sunlife.com
2600 John Street, Unit 207, Markham, ON L3R 3W3 T: 905.475.5222 F: 905.475.6369
