Barrons Financial Advisory Services -

MONTHLY INDEMNITY EXPRESS

The Express Plan is an essential benefit that provides a monthly indemnity in case of accident only or in case of accident and illness.

Monthly indemnity due to accident Express

ELIGIBILITY AND AMOUNTS OF INSURANCE OFFERED
(in $100 increments)
16 to 59 years of age $100 to $1 000
60 to 64 years of age $100 to $500

BENEFIT PERIOD
12 months

WAITING PERIOD
5 days*
* Benefits are payable retroactive to the first day if you are disabled at least five consecutive days.

Monthly indemnity due to illness Express - Optional

ELIGIBILITY AND AMOUNTS OF INSURANCE OFFERED
(in $100 increments)
16 to 59 years of age $100 to $1 000

BENEFIT PERIOD
12 months

WAITING PERIOD
14 or 30 days

Extension of benefit period
The benefit period is increased by one month for each year of insurance during which you did not receive any benefits under this coverage.

The maximum benefit period is 24 months.

The Insurer shall cease to increase the benefit period under this coverage when benefits are paid under this coverage. Thereafter, the benefit period remains fixed and is equal to the number of months accrued to the renewal date immediately preceding this period of disability.

For the MONTHLY INDEMNITY DUE TO ACCIDENT EXPRESS, when you reach age 65, the benefit period remains fixed and is equal to the number of months accumulated to this date.

Integration
If you are enrolled in one or more DISABILITY INSURANCE, MONTHLY INDEMNITY or MONTHLY INDEMNITY EXPRESS benefit with Blue Cross, then these benefits are treated like a single benefit and only one integration calculation is performed with the total of the amounts insured.

For the first 24 months of disability benefit payments, the first $1 000 are guaranteed. Only the amount in excess of $1 000 is reduced by the amount of any benefits payable under plans.

Important definitions
Total disability, if you have remunerative work means that you are unable, due directly to accident or illness independently of any other cause, to perform the major duties of the occupation in which you were engaged at the time you became totally disabled.

To be considered totally disabled, you must be under the continuous care of a physician providing care suitable for your disability at an appropriate frequency and you must not be engaged in any remunerative work.

Total disability, if you do not have remunerative work, means that you are unable, due directly to accident or illness independently of any other cause, to perform your usual daily tasks and any other tasks for which you are reasonably qualified by education or experience.

To be considered totally disabled, you must be under the continuous care of a physician providing care suitable for your disability at an appropriate frequency.

Limitations “MONTHLY INDEMNITY DUE TO ACCIDENT EXPRESS”
Benefits payable due to herniated disc, as cause or effect, are for a maximum of six months per event.

At age 65, the monthly indemnity is reduced by 50%.

Any reduction in the amount of insurance coverage due to age applies only to the renewal following your birthday.

Limitations “MONTHLY INDEMNITY DUE TO ILLNESS EXPRESS”
Benefits payable due to herniated disc, as cause or effect, are for a maximum of six months per event.

Benefits payable for total disability resulting from a muscular or spinal disorder are for a maximum of six months per event.

End of coverage “MONTHLY INDEMNITY DUE TO ACCIDENT EXPRESS”
This coverage ends on the contract anniversary coinciding with or following your 70th birthday.

End of coverage “MONTHLY INDEMNITY DUE TO ILLNESS EXPRESS”
This coverage ends on the contract anniversary coinciding with or following your 65th birthday.
We encourage you to contact us for more information, to assist you in obtaining a formal quotation, or to purchase Blue Cross Monthly Indemnity Express. To proceed at this time please click the link below.

Furthermore, this plan provides you with our Assistance Program at no extra charge. A unique program of services and privileges for your well-being.

Consulting services
Support services
Information and prevention
Member discounts

Your partner in health

We encourage you to contact us for more information, to assist you in obtaining a formal quotation, or to purchase Blue Cross Monthly Indemnity Express Plan. To proceed at this time please click the link below.

I need advice or wish to complete an application Contact a Licensed Advisor.

To review other guaranteed issued Blue Cross Products and Services Click Here.

® The Blue Cross and Blue Choice names are registered trademarks of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross plans, and are licensed to the Canassurance Hospital Service Association, carrying on business as Ontario Blue Cross.
The Ontario Blue Cross symbol and name are trademarks of the Canadian Association of Blue Cross Plans, an association of independent Blue Cross plans, and are licensed to the Canassurance Hospital Service Association, carrying on Business as Ontario Blue Cross

Home | Refer A Friend | Today's Money Blog

Disability

Sudden Illness and Serious Accidents can Result in the Loss of Income