DISABILITY INSURANCE:

Your entire lifestyle is protected by your income. Have you considered how you would maintain your current lifestyle if you became disabled? Although no one likes to think about becoming ill or being injured you can't afford to ignore the possibility.

A disability plan is an essential benefit that can protect you anywhere in the world 24 hours a day in case of total disability due to accident, or to accident and illness.

Consider 'income replacement' benefits with a disability plan suited to your individual needs.

Available Riders:

• Regular Occupation Extension Rider
• Short Term Partial Disability Rider
• Additional Insurance Rider
• Premium Refund Rider
• Cost of Living Adjustment Rider

Click here for more information on "The Edge™" loss of income benefit package.

Bertram Insurance & Financial Services offers a variety of plans designed for the self-employed, others for individuals with or without remunerative work and those in high risk occupations.

* Individual insurance company benefits and options will vary. Refer to the plan illustration at time of quotation for details of coverage

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CRITICAL ILLNESS:

By subscribing to Critical Illness coverage you are providing yourself with a safety net that will allow you to face a critical illness without financial worry.  

With vast medical progresses over recent decades people diagnosed with a critical illness will most likely survive and continue to live productive lives for many years. Nevertheless, the diagnosis of a critical illness can be a life-changing event.

Statistics:

• 1 in 4 Canadians will develop some form of cardiac disease during the course of their lives.
• 1 in 3 people will develop some form of cancer during the course of their lives.
• 1 in 20 runs the risk of suffering a stroke.

Benefits and Options:

• A tax free cash settlement that you can use however you wish without any restrictions.
• Affordable financial support when you need it the most.
• Adaptable coverage that continues to evolve as the definitions of the covered illnesses change in response to medical progresses.
• A flexible reimbursement of premiums.   In case of need, you may obtain a partial refund of the premiums paid as early as year ten, or a 100% refund at any time after 15 years depending on the plan.
• Because illness can strike at any age, you can insure children individually or as a Child Rider on your policy. For just a few extra dollars you could have the financial means to stop working temporarily and devote yourself entirely to your child's recovery in the event of a critical illness.

Most Critical Illness plans are fully underwritten and are based on your current health status, and family history.   However, for those who do not qualify we offer:

Guaranteed Acceptance Critical Illness: for ages 18 to 64

• $25,000 benefit for $22/month
• Covers 18 illnesses & Conditions
• Subject to pre-existing conditions (2 yr. deferred) with some limitations & exclusions.

* Each insurance company's benefits and options will vary.   Refer to the plan illustration at time of quotation, for a detailed description of coverage.

For facts on Shared Ownership Insurance click here CI Shared Ownership Insurance.pdf

Offered to clients of Bertram Insurance, Critical Illness Insurance - click here for more information

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LONG TERM CARE:

Why is Long Term Care insurance necessary?

Concern is growing, particularly among 'baby boomers' that people are going to outlive their assets. Will their savings be enough to cover the cost of Long Term Care? Will they be able to choose between home and facility care if they become ill? Will they become a financial and emotional burden on their families and friends?

According to the New England Journal of Medicine, 42% of people who turned 65 in 1990 will spend time in a nursing home before they die.

An aging population means the largest percentage of our population is nearing retirement with continued high expectations for their standard of living. People aged 65 or older account for 50% of hospital stays, 40% of prescription drug expenses, and almost 100% of LTC days.

New technology and medical breakthroughs are prolonging life; but at the same time contributing to a greater number of people living longer with chronic disabling conditions.

Baby boomers will cost the health care system an additional $530 billion over the next 40 years.

As the burden of health care shifts more and more to the individual Long Term Care insurance offers protection and security.

Bertram Insurance & Financial Services offers a Long Term Care plan that:

• Provides a tax-free daily benefit amount in the event of long term illness or disability.
• Offers an alternative to using assets to finance long term care costs.
• Enables you to remain in your home as long as possible.
• Allows you to choose a facility that meets your standards of care, comfort & location.
• Safeguards your hard earned retirement assets, children's inheritance, and plans for charitable giving.

Most importantly, Long Term Care insurance protects your quality of life, independence, freedom of choice, and dignity.

See the brochure on Living Care for more information on Living Benefits

For a new approach to retirement planning click here to see the article on Independent Living

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