Living Benefits
Watch your family tree grow, not your debts.
What happens if I become disabled or am diagnosed with a chronic illness?
Want to know more? Get a quote today! 
“Living Benefits” is a collective term used to refer to a variety of plans that cover you on a long-term basis. These are plans that address your needs if you are diagnosed with a chronic illness or if you become disabled and are unable to work.
The plans offered by Petro-Points Insurance Services fall into one of the three categories below:
Critical Illness
Critical Illness plans cover you in the event that you are diagnosed with one of the chronic conditions on a specified list. This list usually includes such conditions as cancer, Parkinson’s, blindness, etc. These plans provide you with a lump sum payment, which you can use as you see fit for such expenses as replacing lost income, covering health care costs or refitting your home.
Disability Insurance
Disability Insurance helps you handle the day-to-day effects of a disability or chronic illness by providing you with a monthly payment for a set number of years. The amount of the payment is a predetermined percentage of your income at the time of the illness onset or injury. This type of insurance is designed to alleviate the loss of income resulting from your inability to work.
Long-Term Care Insurance
Long-Term Care Insurance is intended to help you when you have a loss of independence due to an illness or accident. A loss of independence means that you require care and are unable to perform a few basic daily functions (such as eating or bathing). A Long-Term Care plan will provide you with a monthly payment to help with your daily needs and care.
Want to know more? Get a quote today!
Note: this is a summary only; the formal policy wording provided to each customer is the only legally binding description of the coverage. Please see your policy wording for a full list of limitations and exclusions. Coverage is based on individual health conditions and is not guaranteed. If we are not able to provide an insurance product or service, depending on your health condition, we will provide advice, information and alternatives that may be available to you.
Petro-Points Insurance Services Living Benefits is provided through:
