Lifestyle Protection Enhancer

An Excellent Protection to Enhance your Lifestyle

Disabilities do not just affect your ability to work and make a living, it can also dramatically affects your lifestyle and that of your family. Everybody wants to improve his lifestyle even when disabled but disabilities may limit your ability to fend for yourself. However, Edge’s lifestyle protection enhancer has all the features you need to improve your lifestyle remarkably. The eligible age for enrolling in this plan is between 18 and 64 (both inclusive), and the plan covers the insured up to age 65. If the insured becomes totally disabled due to an injury, he will be paid a tax-free lump sum of $300,000 under the loss of income policy after 60 months. This amount is the lifestyle protection enhancer amount.

Features and Benefits

The Lifestyle Protection Enhancer amount paid to the totally disabled insured does not exceed the maximum amount shown on the Schedule of Benefits. Furthermore, the plan includes a waiver of premium benefit. This means that the insured will not pay premiums after 30 days of total disability and when the loss of income benefits become payable.

  • The insured must be between age 18 and 64 (both inclusive) to enroll in this plan. The plan covers the insured up to age 65.
  • If the insured is totally disabled for 60 months due to an injury, he will be eligible for a tax-free lump sum of $300,000 under the Loss of Income Policy.
  • The Lifestyle Protection Enhancer amount paid under this policy will not go beyond the maximum amount shown on the Schedule of Benefits.
  • After 30 days of total disability, the insured will be eligible for a waiver of premiums. This also holds when the loss of income benefits are payable.

 

 

Additional resources

Learn more about your disability insurance options from these informative articles.

Insurdinary provides a comprehensive quotes comparison sends straight to your inbox so you can start comparing health coverage in minutes. See plans from several major Canadian insurers to choose the right option for you. Our customer health specialists are also available to address your questions and concerns.

For more information, you may contact us at 1-877-574-7475, or complete the form below.

By clicking on Get Quotes Now, you agree to our terms and conditions. You provide consent to be contacted for the purpose of being provided information, rates and details on any product from any insurance company or financial institution. You can unsubscribe at any time from this service.

Facebook Rating
4.9
Google Rating
4.8
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram