Personal & Family Insurance Coverage

There Is No One-Size-Fits-All

Personal and family insurance coverage can be complex and confusing, but it’s important not to overlook its significance. Whether you’re single or have a family, finding the right insurance policies is crucial for your financial well-being. Every individual has unique needs, so there is no one-size-fits-all solution. Your insurance portfolio should be tailored to your specific circumstances and protection requirements. It could include true insurance products such as Life Insurance, Critical Illness Insurance, Disability Insurance, Long Term Care Insurance, Universal Life Insurance, Permanent Life Insurance, and Term Life Insurance. Your portfolio can also include Personal or Family Health & Dental Insurance. At Health Risk, we ensure that your portfolio meets your unique needs.

Available Personal & Family Health Insurance Products

The Importance of Personal or Family Insurance at Any Phase of Life

Plan For
Your Future

Personal health and dental insurance is an indispensable tool that ensures you are fully prepared for any unforseen events that occur on a day-to-day basis.

Secure a Financial
Safety Net

Personal health and dental insurance allows you to be assured that you will have the financial security of the promised coverage when you most need it.

Have Protection
While Travelling

If you’re travelling out of province or out of country, personal Medical Emergency Travel Insurance gives you the freedom to travel with peace of mind knowing you and your family are protected.

Leave a Legacy
For Your Family or Loved Ones

Personal Life Insurance creates a legacy that gives you peace of mind knowing that the people you love are taken care of when you are gone.

Be Prepared In
Case of a Health Emergency

Nothing helps you stay prepared in the case of a medical diagnosis like Personal Critical Illness Insurance, letting you focus on your recuperation and living life.

Don’t Be a Financial Burden On Loved Ones

By having Personal Disability Insurance, you can prevent yourself from becoming a financial burden on your loved ones during a sickness or injury.

Plan For Your Health Today

Individual Insurance Coverage

Even if you don’t have a spouse or children, don’t leave yourself vulnerable to financial hardship if you become sick or injured and can’t work, regardless of whether you’re single or have dependents. Personal health insurance, critical illness, business insurance, and disability insurance will ensure you have a monthly income and help to secure your future by having the right coverage.

 

By getting the right policy, you can protect yourself with valuable insurance at the best rates possible. It’s also important to avoid burdening your loved ones with funeral costs and debts. Make financial plans to ease their hardship – be responsible and ensure you have the right insurance, for their sake. Even if you don’t have children, there may be others who depend on you financially; by working with Health Risk, you can ensure that you provide a financial safety net for yourself, and those you care about most.

Family Insurance Coverage

No one wants to think about the worst-case scenario, but the truth is, it can and does happen. Death, disability, and critical illness are all part of life that we cannot avoid. That’s why it’s crucial to consider how your loved ones would fare financially if something were to happen to you.

 

Investing in the right insurance policy can provide a safety net, ensuring that your family and dependents are taken care of. Don’t leave their future to chance. Take the necessary steps today to safeguard their financial well-being by working with the team at Health Risk Services.

Life Insurance vs. Health Insurance

When it comes to insurance, it can be overwhelming and confusing to figure out what coverage you need. One of the most important distinctions to make is between life insurance and health insurance. While both offer financial protection, they serve very different purposes. Life insurance is designed to provide for your loved ones in the event of your unexpected passing. It can offer invaluable peace of mind, knowing that your family will be taken care of if something were to happen to you.

 

On the other hand, health insurance is meant to help cover medical expenses such as doctor’s visits, surgeries, and prescriptions. By understanding the difference between these two types of insurance, you can make sure you get the coverage that best fits your needs. Book a consult with the team at Health Risk today to learn more about what life and health insurance can do for you.

Stop Putting Off Life , Disability, & Critical Illness Insurance
Purchasing insurance for yourself or your family is necessary and vital. We believe it’s one of the most selfless things you can do. Start protecting your family today.
FAQs

It is still recommended to purchase your Insurance coverage while you are still healthy and young.  You never know when your health may change causing you to become uninsurable for your future.  Also, locking in premiums while you are young avoids the hefty premiums that older age creates.  Always remember that your insurance is always there for you as a back up, and in an emergency its important to know that you have the financial protection required.

With so many different types of insurance policies out there, it’s hard to determine the extent of the coverage you may need and from which kind of policy.  Your personal and unique situation will provide the significant factors to ascertain the appropriate coverage and type of policies for you.  There is no “one fits all” solution when it comes to Insurance, therefore, understanding both your needs and your budget is critical.   Health Risk offers complimentary consultations for clients enabling you to make the right choices for one of the biggest decisions in your life – the purchase of Life, Disability and Critical Illness Insurance.

Insurance will protect your family from the many financial hardships they will face if and when an unexpected event happens.

12 Reasons to Purchase Insurance Policies Designed to Protect Your Family:

  1. Ensuring that your family can continue with their lives as normal as possible after your deaths
  2. Funeral Expenses
  3. Estate Planning including Capital Gains Taxes
  4. Accumulating Cash
  5. Transferring of Wealth
  6. Achieving estate tax liquidity
  7. Protecting your home in the event of your Death, Disability or Critical Illness
  8. Protecting your income/salary in the event of a Disability due to Injury or Sickness
  9. Protecting your financial security in the event of the Diagnosis of a Critical Illness such as Cancer, Heart Attack or Stroke
  10. Providing for the costs of Medical Care and Facilitative Lodging when you are no longer able to care for yourself and you do not want to depend upon your family for the care or the financial costs
  11. Ensuring that you and your family have access to Extended Health and Dental plans.
  12. Ensuring that your family is protected from the high costs of a medical emergency while travelling out of Province or out of the country.

Although we can’t give you an exact answer, as it’s up to the personal preferences of each individual whether they choose to get life insurance for your children. However, it’s highly recommended, as it helps to secure your child’s future, and permanent coverage often yields additional benefits, such as cash value.

 

Here are 4 main reasons to protect your children with Life Insurance:

  1. To ensure that in the event that your child passes away, there is financial security to take care of:
    • Final Expenses
    • Time off of Work
    • Family Care and Counselling
    • Charitable Intent
  2. To take advantage of locking in your child’s future insurability!
  3. To take advantage of locking in your child’s low premium costs for either a short term paid up policy or for the lifetime of the policy!
  4. To create a very attractive accumulation vehicle that will allow for cash withdrawals to finance educations or perhaps the buying of a first home!

Stay tuned for the introduction of our TOTALHealth™ program! To be launched in 2023.