Discover • Understand • Serve

Here are some answers to questions people ask about insurance:

This is the most frequently asked question. Unfortunately, it is impossible to provide a quote that meets your needs without a discussion around your needs and budget. It also depends on your age, occupation, income, health, policy choice and desired budget.

Hospital accident plans start at $14/mo.   Hospital sickness plans start at $20/mo and premium depends on your age.  In both plans, Family discounts may apply.

Please contact us to discuss your complementary personalized quote.

Everyone qualifies for accident coverage. Sickness coverage can be issued with or without medical or financial underwriting.

You can get up to $9,000/month Hospitalization, $500,000 Life and $50,000 Critical Illness coverage without any underwriting, depending on your answers for certain questions. Other policies are available with full medical underwriting.

Megaliving will help you choose the best plan for you. Please contact us and we will give you the questionnaire to qualify and a quote if you do.

Many plans are approved instantly. No Medicals. No Financials. No Long Questionnaires. Others take longer to approve. It depends what you need, want and qualify for.

No. Unlike home, auto, WCB, and group insurance premiums, our premiums will NOT go up no matter how many times you claim. The only way they will raise your premiums is if they raise them for everyone in the same class. See policy for details.

No. Unlike home, auto, WCB and group insurance, our premiums will NOT go up no matter how many times you claim. This is also applies to the Hospitalization Disability plans that have unlimited claims. The only way they will raise your premiums is if they raise them for everyone in the same class across Canada. Regarding Life and Critical Illness policies, once these policies pay out in full, the policy is terminated. See policy for details.

Some plans begin at six months of age and go right up to age 85 …some plans cover you until death.  Family plans cover unborn children if there are complications and they are born premature if plan is purchased in first trimester.

  • If you get injured during an act of war.
  • If your injury is intentionally self-inflicted.
  • If you are injured while doing something illegal.
  • If you are over the legal blood alcohol limit.
  • Normal pregnancy or childbirth.
  • Pre-existing health conditions are covered AFTER two years.

See your individual policy for details as plan features vary.

Megaliving will ensure you know the details of YOUR policies. Contact us for details.

Megaliving offers many plans specifically designed to cover people with pre-existing conditions. Other plans cover pre-existing conditions after two years.

A pre-existing condition is any condition for which you have had medical advice, treatment, symptoms, or are taking medication for within the last 12 months.

Aside from the listed knockout conditions, if you have a pre-existing condition and purchase a sickness or disability plan, you will be covered for the condition AFTER you have had your policy for two years without a recurrence of the incident. See policy for details.

Yes!  If you have been cancer-free for five years there are plans you qualify for. Everyone qualifies for our injury plans. If less than five years, you still qualify IMMEDIATELY for ALL of our Accident Plans as well as 18 Critical Illnesses, not including cancer.

Contact me for details.
Yes!  If you have been without heart issues for five years even after open heart surgery there are plans you qualify for. Everyone qualifies for our injury plans. If less than five years, you still qualify IMMEDIATELY for ALL of our Accident Plans as well as Cancer-only Critical Illness.

Contact me for details.

You have 90 days to file a claim for a covered accident or illness.  Please seek prompt medical advice and then call Megaliving and we will assist you by sending you the appropriate claim form and follow it through with you until you have your cheque in hand.  Please see policy for details.

Head office has 15 business days from the time they receive ALL the required claim forms and medial information to pay your benefit.  Many are paid out faster.  See policy for details.

You have a 30-day “grace period”.  If you have missed a payment you can contact head office and make arrangements to have this missed payment put on a credit card or other arrangement.  You will still need to catch up by making your next regular payment so your policy is out of arrears.

 

You have several options:

  • Update your information on the Self Serve portal. 
  • Call customer service for the insurer your product is through. 
  • Email us to request a change bank form. 

Besides GET SICK. GET HURT. GET PAID?

If you’re like most people, you might be uncomfortable with the idea of insurance. Some people think it’s a “rip off”, that they use grey area and fine print to not pay, that it goes up in price when you use it, that its too expensive, it expires when you need it most, etc. We invite you to ask us how we are DIFFERENT! 

Megaliving is committed to making sure you understand your coverage and exclusions and we contact you annually to review your policy so you understand how it works before you have a claim.

How can we help?