HUB International BENEFITS Insurance
Group Benefit and Financial specialists backed by Canada’s largest insurance team
You get more than just great advice when you deal with our BENEFITS specialists at HUB International Insurance Brokers. You receive the combined power of our vast global resources and solid local relationships, designed to give you the best-possible solution for employers or individuals alike.
At HUB International BENEFITS, we provide solutions to meet all of your individual insurance and financial planning needs. Our specialists can help you understand the best options available to you in:
- Travel Insurance
- Disability Insurance
- Critical Illness
- Medical and Dental Insurance
- Long-Term Care Insurance
We offer everything you need to ensure that you and your family are properly protected for the long haul…at home and abroad!
We’re committed to providing the right solutions to give you the peace of mind of knowing that there is protection and support when you and your family most need it.
HUB International BENEFITS offers the best in Travel Insurance protection. We see it as essential for anyone leaving their province, especially when traveling to the United States.
Should you be uninsured and require emergency medical treatment out of the country, you and your family could face financial catastrophe.
If your provincial plan will pay for emergency medical treatment, the amount is limited as it is based on what that same service costs in your home province. In addition there are many essentials that Government Health Insurance Plans do not cover.
Even when traveling within Canada, it is wise to have Travel Insurance. Although each province has a Government Health Insurance Plan, the costs of medical services vary from province to province and you will be considered a non-resident traveler even though you are Canadian.
Travel Insurance is financial protection against unexpected emergency medical expenses that may arise from illness or injury during your trip. There are many Travel Insurance plans to choose from with a wide range of options to meet your individual needs.
Disability Insurance or income protection is a risk management product that everyone should consider.
Most of us do not realize that the probability of disability is far greater than premature death. Still, it’s human nature for us to often give more consideration to electronic warranties than we do to insuring our income.
Whether you are single or have dependents, the loss of your income due to disability could significantly alter your lifestyle or even lead to financial ruin.
Disability Insurance is a product that should be at the top of your list. Without it, you would need to depend on government benefits, which only subsidize you for a fraction of your pre-disability income. Consider the following:
- Worker’s Compensation only covers work related accidents;
- Unemployment insurance (EI) only covers 15 weeks;
- Canada Pension Plan: Are you comfortable relying on the government for a benefit that can change?
- Group and association coverage can fill a valuable role in long-term disability protection. However, the benefit may be limited by the definition of disability and coverage amount.
A custom designed individual disability insurance plan will provide you with guaranteed coverage and guaranteed premiums. HUB International BENEFITS has a Registered Health Underwriter ready to assist you today.
Critical Illness Insurance
The statistics available today prove that the likelihood of being diagnosed with a critical illness is extremely high. Catastrophic or Critical Illness Insurance provides a tax-free lump sum payment upon diagnosis of a critical illness.
Policies have several riders available such as “return of premium at policy expiry” and “return of premium at death” which further make these policies an attractive purchase.
"You need insurance not because you are going to die, but because you are going to live. [Today, individuals] have a greater chance of living long enough to become seriously ill."
— Dr. Marius Barnard
While disability insurance protects an individual’s lifestyle, Critical Illness Insurance protection addresses the immediate expenses associated with surviving the diagnosis of a catastrophic illness. The tax-free benefit paid after surviving a 30-day waiting period following a diagnosis can be used however the claimant pleases.
It is important to consider that Critical Illness Insurance products are more expensive than most health insurance products, because they are highly claimed on. With recent statistics on illnesses such as cancer, stroke and heart attack, critical illness insurance is a product everyone should consider.
Medical and Dental Insurance
Health Insurance plans are your best protection against the rising costs of health care expenses not covered by your Government Health Insurance Plan.
Approximately 23.5 million Canadians have some form of supplementary health care which can cover anything your provincial health insurance doesn’t, depending on what is included in the plan.
Health Insurance plans are becoming increasingly important considering that provincial health plans are de-listing many services in order to cut costs.
Additionally, protect yourself and your loved ones against the high cost of regular and unexpected dental expenses with Dental Insurance.
Designed to pay some or all of the costs associated with everything from basic check-ups to orthodontics, Dental Insurance is available on a stand-alone basis or as an “add-on” to a Health Insurance policy.
HUB International BENEFITS encourages you to cover yourself for the gaps left in our system through a comprehensive health and dental plan.
Long-Term Care Insurance
Long-Term Care Insurance helps to offset the expenses that are incurred as a result of long-term care either at home or in a long-term care facility.
These expenses are often very costly and taxing on an individual or family. It is important to protect you and your family from the ever increasing likelihood of long-term care expenses.
A Long-Term Care Insurance plan will pay you tax free benefits as long as you cannot perform any two of six activities of daily living (ADLs):
- Maintaining Continence
Long-Term Care Insurance can also be seen as long-term peace of mind insurance and will help to:
- Preserve your retirement income and assets;
- Prevent you from becoming a burden on your family;
- Give you control and the personal freedom to choose the type of care that you want.