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Frequently asked questions

What is Life Insurance

Life Insurance provides peace of mind that those you love will have financial security after you die. Life insurance provides a tax-free payment to your beneficiaries. This could cover financial obligations including mortgage payments, higher education costs and general living expenses. These are financial requirements that your dependents may be unable to cover after you die.

Do I need Life Insurance?

Your need for life insurance depends largely on your financial obligations and your dependents. The question you need to ask is, would your dependents be financially impacted if something happened to you? If this is a concern, then life insurance could help protect them financially after you’re gone.

What impacts my Critical Illness Insurance price?

Several factors can impact the cost of critical illness insurance, including your age, gender, overall health, family medical history, lifestyle habits (like smoking), the amount of coverage you choose, and the specific illnesses covered by the policy. Premiums may also vary based on the length of the policy term and whether you add optional benefits such as return of premium or partial payouts for less severe conditions.

Which type of Health Insurance is right for me?

The right type of health insurance for you depends on your individual needs and circumstances. Factors to consider include your budget, preferred healthcare providers, coverage requirements, and any specific health conditions or medications you may have. It's advisable to compare different plans, such as HMOs, PPOs, and high-deductible plans, and carefully evaluate their coverage options, network of providers, and costs to determine which one aligns best with your needs. Consulting with an insurance professional or healthcare advisor can also be helpful in making an informed decision.

What is the best kind of Life Insurance?

There is no one size fits all life insurance coverage. When looking at the cost of life insurance, this can vary significantly based on your individual profile. Factors that determine your premium include your age, gender, heath, lifestyle and medical history. The amount and type of coverage you choose should be based on your individual needs and circumstances.

What does Critical Illness Insurance cover?

Critical illness insurance provides a lump-sum payment if you're diagnosed with a serious medical condition covered by your policy, such as cancer, heart attack, or stroke. This coverage is designed to help with the financial impact of a life-altering illness—whether it’s covering medical treatments not fully paid by provincial health plans, replacing lost income, paying for home care, or helping with everyday expenses while you recover. Coverage details and eligible conditions vary by provider and policy.

Why does Health Insurance matter?

Health insurance helps protect you from the high costs of medical care, offering peace of mind when unexpected health issues arise. Even with provincial coverage, many essential services—like prescription drugs, dental care, vision, physiotherapy, and mental health support—aren’t fully covered. Having the right health insurance plan ensures you can access the care you need without financial strain, so you can focus on getting better instead of worrying about the bills.

What does Health Insurance cover?

Health insurance typically covers a range of medical expenses, including doctor visits, hospital stays, prescription medications, preventive care, and some specialized treatments. The specific coverage can vary depending on the insurance plan, but generally, health insurance helps offset the costs of necessary medical services and treatments, promoting affordable access to healthcare. It is important to review the details of your specific health insurance policy to understand the exact coverage and any limitations or exclusions that may apply.

What people say about us

“ClearLife Insurance has been a game-changer for me and my family. Their policies are straightforward and transparent, ensuring that we are adequately protected without any hidden surprises.“

Stephen Cooper

Manager

“ClearLife Insurance is a standout choice. Their team is friendly, knowledgeable, and always there to help. With tailored plans and a seamless experience, they provide the peace of mind you deserve. Highly recommended!“

Lizzie Reed

Event Planner

“The customer service team is exceptional, always ready to address any concerns or questions promptly. With ClearLife Insurance, I have peace of mind knowing that my loved ones are financially secure.”

Frances Jackson

Digital Marketer

“First of all, acid reflux is not a disease.  It is an acquired condition which can be completely healed by eating properly.“

Iva Waters

Photograph

“Many people feel that there is a limited amount of abundance, wealth, or chances to succeed in life.“

Claudia Berry

Developer

“Hypnosis quit smoking methods maintain caused quite a stir in the medical world over the last two decades.”

Jerry Lindsey

Philosopher

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