Payment Insurance

Accident and Sickness

New: a complete solution by adding life to the Disability offer.

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Home Advisor Centre Products and sales platforms Prohealth Payment Insurance – Accident and Sickness

A unique Creditor Insurance Product that stands out

Prohealth offers accident and illness payment insurance, guaranteeing your customers’ financial protection in the event of an accident or illness. This product, available to people aged 18 to 64, covers a wide range of personal and business expenses such as rent, mortgage, minimum credit card payments and much more.

Target market

For anyone with financial responsibilities who works at least 35 weeks a year and 21 hours a week

Suitable for self-employed and home-based workers
Ideal for business owners
Ideal life for the mortgage market

Target market

For anyone with financial responsibilities who works at least 35 weeks a year and 21 hours a week

Suitable for self-employed and home-based workers
Ideal for business owners
Ideal life for the mortgage market

What makes us stand out

Highlights

Disability insurance

Wide range of expenses covered
Commercial Loan and Overhead Expense Coverage available on a single contract
Crucial support in today’s economy
Proof of eligible expenses only required at time of claim
20-Year Return of Premium available (50%, 75% and 100%)
Additionnal Insurance Option for increasing expenses
Monthly credit card payments

Term Life insurance additional option

Competitive premium
Online application for DI and Life simultaneously
Underwriting based on DI request
No additional medical requirements for life insurance
2 separate contracts will be issued
Discount applicable on the purchase of a Prohealth – Payment Insurance contract and a Term Life Insurance contract.

Protection details

Main features

Disability insurance

Issue age: 18 to 64 years
From $500 to $10,000 maximum. Non-integrated, non-coordinated
No occupation refused
Type of expenses: personal, business and overhead expenses. See the complete list
No limitations for home-based and self-employed workers
Level premium until age 65 and guaranteed for the first 5 years of the contract
Guaranteed renewable to age 100
Employment stability discount

Term Life insurance additional option

Term 10, Term 20 and Term 65
Issue Age:
- Term 10: from 18 to 55 years old
- Term 20: from 18 to 45 years old
- Term 65: from 18 to 60 years old
From $100,000 to $1,000,000 maximum (based on the Insured’s age and chosen DI benefit amount)
Garanteed premium for the chosen Term
Conversion allowed up to 65 years old