Results tagged “benefit”

Benefits of International Student hospital & medical insurance

It is a hospital & medical service. How many benefits you will get?

Semi-private hospital accommodation and reasonable and customary services and supplies necessary during confinement as a resident in-patient.

+ Services of a legally licensed physician, surgeon, anesthetist or registered graduate nurse.
+ Diagnostics, lab tests and x-ray examinations.
+ Up to an aggregate limit of $10,000 for local land ambulance; private duty services of a registered graduate nurse; services of a physiotherapist, osteopath, chiropodist, podiatrist or a doctor of chiropractic; rental of crutches, wheelchair or hospital-type bed; the cost of splints, trussed, braces, or other prosthetic appliances; initial purchase of casts, artificial limbs, eyes or other medical appliances; oxygen and rental of equipment fro its administration; blood and blood plasma.
+ Prescription drugs or medications for out-patient use will be reimbursed at 80% of the costs incurred. Prescription drugs and medications are covered at 100% when the insured is hospitalized.

Maternity Benefit(when family coverage is purchased)
When the pregnancy commences after the effective date of the policy: 80% of costs incurred by the insured mother, upto $25,000 per pregnancy as the result of her pregnancy, childbirth, miscarriage, or complications related thereto for hospital accommodation and services or treatment by a physician. Newborns will be covered from 15 days of age following written approval by TIC.

Eye examination
One routine annual examination by an optometrist.

Accidental Dental
Up to $1,000.

Wisdom Teeth
Extraction of impacted wisdom teeth, up to $100 per tooth for necessary dental and/or oral surgical procedures.

Dental Emergencies
Up to $500.

Accidental Death & Dismemberment
Up to $10,000, for loss of ife, limb or sight resulting directly from accidental injury occurring during the period of coverage.

Return Home
One-way transportation to the insured's country of origin. Up to $3,000

Return of Deceased
Up to $10,000.

Optional plans of Travel Insurance for Canadian

We can put optional coverages on top of the standard Plan Benefits.

Choose either $1,000 or $1,500 to cover theft of or damage to, hour baggage, personal belongings, travel documents or currency. Each item, or group of related items, is covered up to $300 with a $50 deductible per claim. Up to $200 for emergency care for an injury to your accompanying cat or dog and up to $100 for repair or rental replacement of your wheelchair.

Accidental Death & Dismemberment
Either $25,000, $100,000 or $250,000 of coverage for accidental loss of life, limb, sight or disappearance during your trip other than while flying.

Flight Accident
Either $200,000 or $500,000 for accidental loss of life, limb, sight or disappearance resulting from an aircraft accident.

Trip Interruption
Coverage amounts of $800, $1,500 or $2,000 for the cost of one-way transportation home in the event of unexpected, insured events.

Rental Car Collision Damage Protection
Provides up to $50,000 for physical damage to an automobile rented from a commercial car rental agency.

Trip Cancellation

Benefits of Travel Insurance for Canadian

You must have lots interests to the benefits of Travel Insurance for Canadian.

The benefits is shown below:
Providers up to $2 million for emergency hospitalization (semi-private) and emergency medical services in excess of your provincial or territorial plan.

Meals and accommodation
While you are in hospital, insured family members or travelling companions remaining with you will be reimbursed up to $3,000 for reasonable living expenses.

Transportation of family or friend
Up to $3,000 for round-trip economy transportation to bring a family member or close friend to your bedside, plus, up to $1,000 for reasonable costs, if you are hospitalized, or to identify your remains in the case of your death.

Return of Travelling companion
The extra cost of one-way economy transportation to return your insured travelling companions (under age 18, or physically or mentally handicapped and reliant on you for assistance) and one insured accompanying family member home, if you have been returned to Canada by Air Ambulance. Pre-approval by TIC required.

When pre-approved by TIC, covers the cost of an attendant (not a relative) plus the attendant's return economy transportation to travel with your children (under age 18, or physically or mentally handicapped and rely on you for assistance) home when you have been air evacuated back to Canada.

Return of Vehicle or Watercraft
Up to $3,000 will be reimbursed if, due to a covered sickness or injury, you cannot return the vehicle or watercraft used for the journey. TIC will arrange to return the vehicle for you.

Pet Return (Dog or Cat)
Up to $300 for the cost of returning your accompanying dog or cat to Canada, if you return to Canada under the Emergency Transportation benefit or are hospitalized due to a covered sickness or injury.

Living Benefits

If you become terminally ill, you may need extra cash to pay medical bills and living expenses.
Many companies provide living or accelerated benefits to individual life insurance policy holders who suffer a life-threatening illness.
When you apply for living benefits from your life insurance policy, you must provide your insurance company with a medical opinion that you are in the terminal stages of an illness and have 24 months or less to live.
The insurance company must also ascertain that the proceeds from your policy have not been assigned to pay off a loan or debt, or left irrevocably to someone who might sue for full benefits once you die.
If these two conditions are met, the company typically pays you a percentage of the value of your policy, not exceeding 50 per cent.
Some companies pay predetermined maximum dollar amounts in living benefits. Others treat the living benefits payment as an advance or loan and charge interest on it. Still others require you to pay regular premiums to keep your policy in force after you receive the benefits.
When you die, the amount that is left in your life insurance policy, less any interest charges, will be paid to your beneficiary or estate.