Empire Life – Critical Illness Policy – 10 Facts to Consider

Posted on September 15, 2010 and updated September 15, 2010 in Canadian Life Insurance Companies, Critical Illness, Empire Life Insurance Company, Insurance Types, Life Insurance Canada News 2 min read

Empire Life‘s Critical Illness policy is called Vital Link. The policy is very competitively priced at most age levels and face amounts.

The following are 10 features of the plan:

1. It’s available throughout Canada.

2. It’s available as a stand-alone policy, or as a rider on Empire’s life insurance plans.

3. It’s available for insured ages 18 to 65.

4. Face amounts can be anywhere from $25,000 to $2m.

5. The policy is available as a 10-year term, Term to 75, or a Term 100 policy.

6. The Term 10 or Term 75 plans are convertible without a medical to the term 100 plan.

7. The policy is fully underwritten. There are no simplified-issue options.

8. The Term 10 and Term 75 policies offer return of premium features, i.e., if the insured does not make a claim at the policy’s maturity date, all premiums are returned. All three policies offer a return-of-premium on death option.

9. There is a built-in waiver of premium upon disability.

10. The policy is available on a multi-life basis, and is also eligible for a policy fee discount, if the insured has an existing Empire Life policy.

For more details, you can contact us at 1-866-899-4849, or visit our Cr itical Illness Quote Page.

What Clients Say About LSM

Susan Mast

It was last October when I decided that it would be a good idea to protect my pay and acquire disability insurance to cover my greatest asset, my income. After searching the internet, I found LSM Insurance on the web and quickly realized that I was at the right website.

I was referred to Andrew Burdi, LSM's living benefit expert, who took the time to explain how I could protect my retirement from life's uncertainties, such as cancer, heart attacks or simply being too hurt or sick to work.

We set a meeting and Andrew came to my house and we went through evaluating my needs in the event of a critical illness and or disability. We applied for coverage and I was approved.

Ninety days had passed since Andrew delivered my critical illness policy and it was time for my annual physical. Unfortunately, testing concluded that I had advanced colon cancer. Within 5 days of being diagnosed, I had to go for surgery.

Fortunately I took Andrew's recommendation. Andrew asked me if I was comfortable with the idea to have him come to the hospital to complete the claim forms to get things moving. I signed off to have Andrew assist me with the claim and he was instrumental in doing just that, gathering information then calling all the specialists involved.

Today I am fortunate enough to have a $ 100,000 tax free cheque delivered to me by Andrew Burdi from LSM to simply allow me to focus on getting better which give me the financial freedom to focus on my recovery which is now my first priority.

Four months ago I knew nothing about critical illness coverage until I met with LSM. Thanks to Andrew and LSM today I received a cheque for $ 100,000.

Thank you again for all your support and your willingness to assist with the claim personally.

Warm regards,

Susan Mast