Life Recovery Plus – Basic Plan
Life Recovery Plus – Basic Plan – A Basic Insurance For Your Critical Illnesses
If diagnosed with critical ailments like heart attack, cancer or stroke, the last thing you will want to think about is your financial burdens but you want to get well quick no matter the cost. Thankfully, technological advancement has improved human lives and even healthcare and made it easy to get the best healthcare services for such critical illnesses but at improved healthcare costs. With BMO’s Life Recovery Plus – Basic Plan, you can get the protection you need at very affordable costs.
The Basic Plan provides the insured a tax-free cash benefit up to $25,000 which includes payment for surgery related to the diagnosis up to $3,000, $100 each day of your hospitalization for 100 days up to $10,000, $500 each month after being diagnosed with critical illness and survives the 30-day recovery period, up to $6,000 for 12 months or until death if earlier.
Overview of the Top Features of BMO’s Life Recovery Plus – Basic Plan
If diagnosed with any of the three critical illnesses (heart attack, critical cancer, or stroke), you will receive a tax-free lump sum up to $25,000. The plan also provides you access to Best Doctors program and your coverage begins immediately as soon as you paid your first premium and your application is received. BMO gives special discounts to non-smokers and spouses and you have 30-day money-back guarantee on this plan.
- Canadians between ages 18 and 60 (both inclusive) are eligible to enroll in this plan.
- Provided you continue paying your premiums, the plan will cover you up until the age of 70.
- The plan provides a cash benefit up to $25,000 to help the insured to recover fast. The cash benefit cover surgery related to the diagnosis, monthly cash payment if he survives the 30 day survival period and so forth.
- The insured will also have access to the Best Doctors program.
- As soon as the insured pays his first premium and also his complete application is received, his coverage will begin.
- Spouses and non-smokers are eligible for special discounts.
- The plan also includes a 30-day money-back guarantee.
- Your application will not be turned down as long as you provided a declaration of health. This holds even if your family has a history of cancer, stroke or heart attack.