ND ProtectDocs is designed specifically for NDs and only open to OAND Professional Members.
Enter to win a one week time share vacation anywhere in the world! See details at the bottom of the page.
ND ProtectDocs addresses your need for income protection, comprehensive critical illness insurance and business overhead expense insurance. In partnership with Compass Financial and Canada Life, the OAND is pleased to provide a competitively priced, comprehensive income protection program exclusively for members so that you have financial security if you should become disabled and/or critically ill.
INCOME PROTECTION
or Lifestyle Protection Plan for Professionals offered by Canada Life is designed for self-employed, fee-for-service professionals, this plan helps address your disability insurance needs and gives you coverage when you need it most. Plus, you have the flexibility to customize coverage to help meet your individual needs. NOTE THAT OAND MEMBERS RECIEVE A DISCOUNT ON PREMIUMS IN THIS PLAN WHICH MAKES IT COMPETITIVE TO PURCHASING DISABILITY INSURANCE PRIVATELY. See the table below for a sample of premiums for coverage at different ages and at different levels.
BRONZE SILVER GOLD
| Age | Female |
Male | Female | Male | Female | Male | ||
| 30 | $37.00 | $24.00 | $42.00 | $27.00 | $53.00 | $33.00 | ||
| 35 | $45.00 | $30.00 | $51.00 | $33.00 | $65.00 | $42.00 | ||
| 40 | $50.00 | $36.00 | $57.00 | $41.00 | $75.00 | $53.00 | ||
| 45 | $57.00 | $45.00 | $64.00 | $51.00 | $87.00 | $68.00 | ||
| 50 | $65.00 | $57.00 | $74.00 | $64.00 | $101.00 | $87.00 | ||
| 55 | $71.00 | $68.00 | $76.00 | $73.00 | $106.00 | $101.00 |
The pricing above reflects a monthly payment per $1,000.00 of coverage and IS guaranteed until age 65. This plan has a 90 day wait period. Bronze level includes owner occupation and residual payout. The Silver level, in addition to bronze level, includes guaranteed increase and 90 day catch-up. The Gold level, in addition to both bronze and silver benefits, includes cost of living increases up to 8% over the life of the plan and lifetime benefit - which means that your monthly benefit (income) continues for life.
Remember you can purchase a variety of limits of coverage. To find out more call Christopher Nivet, or Johanne Besner-Webb, your ND ProtectDocs specialists with Compass
Financial, at 1-866-ND7OAND (1-866-637-6263) or by email at compassfinancial@rogers.com.
CRITICAL ILLNESS PLAN
or LifeAdvance offered by Canada Life™ helps offer you financial protection and access to the medical services provided by Best Doctors®, and counselling and support services provided by Shepell·fgi. LifeAdvance pays you a lump-sum benefit which is usually payable 30 days after the diagnosis of a covered critical illness, as defined in the policy. This program also offers a return of premium in cases where no claim is made by your 75th Birthday or upon death.
Critical Illness - sample pricing
| Age | Female |
Male |
| 30 | $31.00 | $33.00 |
| 35 | $38.00 | $39.00 |
| 40 | $52.00 | $52.00 |
| 45 | $75.00 | $75.00 |
| 50 | $97.00 | $111.00 |
| 55 | $139.00 | $182.00 |
The pricing above reflects a payment per $100,000.00 of coverage. This plan has a 30 day wait period and includes cash back at death. Rates are guaranteed for 10 year term. Remember you can purchase a variety of limits of coverage. To find out more call Christopher Nivet, or Johanne Besner-Webb, your ND ProtectDocs specialists with Compass Financial, at 1-866-ND7OAND (1-866-637-6263) or by email at compassfinancial@rogers.com.
OVERHEAD EXPENSE PLAN
by Canada Life offers protection for business owners if you become disabled due to an illness or accident. Don't let a disability cost you your business. Click here to find out more about the Overhead Expense Plan.
| Age | Female |
Male |
| 30 | $19.00 | $14.00 |
| 35 | $22.00 | $16.00 |
| 40 | $25.00 | $19.00 |
| 45 | $28.00 | $23.00 |
| 50 | $34.00 | $30.00 |
| 55 | $38.00 | $37.00 |
The pricing above reflects a monthly payment per $1,000.00 of coverage and are guaranteed until age 65. This plan has a 90 day wait period and includes owner occupied, loss of time/income as well as guaranteed replenished income with a 90 day wait period.
E & O
Please note members who purchase a policy under ND
ProtectDocs will be eligible to win a one week time share vacation anywhere in
the world. You must purchase a policy from ND ProtectDocs before July 30, 2008 to be eligible for the draw. Draw will be made on August 1, 2008 and the winner will be contacted by Compass Financial. Vacation must be booked within 12 months of draw and the winner will be assisted by Compass Financial in booking the week (flight and meals are not included).
For more information on any of the plans offered under ND ProtectDocs please contact the OAND Broker for ND ProtectDocs, Christopher Nivet, or Johanne Besner-Webb, your ND ProtectDocs specialists with Compass Financial, at 1-866-ND7OAND (1-866-637-6263) or by email at compassfinancial@rogers.com. If you wish to speak to a staff at the OAND please contact Alison Dantas, CEO at x. 23 or at adantas@oand.org .
