uot; notes Thibaudeau.
Supplemental Insurance - It's about Protection:
According to Sylvio Mercier, manager of national product development for Combined Insurance in Canada, "Millions of individuals and families across the provinces of Canada are considered under-insured but most consumers aren't sure exactly what supplemental insurance is and how it might help bridge their coverage gap."
He continues, "Supplemental insurance isn't as complicated as it may seem. It's really just a separate insurance plan that adds to or 'supplements' coverage you might already have. It provides extra protection in the event of unexpected sickness, injury or death."
Supplemental insurance can help protect your savings and way of life. Depending on the type of additional protection needed, there are a variety of supplemental plans available, including:
- Disability - if you're unable to work, this coverage can help supplement lost income to ensure you can still cover some living expenses.
- Accident - this supplemental insurance provides benefits that are paid directly to you and can be used to cover some of the out-of-pocket expenses related to medical treatment for injuries resulting from accident.
- Health - this supplemental plan can help pay for some of the additional expenses related to significant illness, which may include hospital confinement, cancer treatment or outpatient care.
- Life - in the event of your death, this coverage helps ensure your loved ones are financially cared for.
A Plan for Everyone:
Supplemental insurance plans are available for a wide range of situations with an equally broad range of benefits in all price ranges.
"Combined Insurance sales representatives can work with consumers to make it easy to determine the right protect
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