Table of Contents:
- About This Insurance
- Simple Assessment Form
- Benefits
- Coverage
- Canada Dental Care Plan (CDCP)
- Real-Case Examples
- FAQ
About This Insurance
Self-Employed Complementary Health Insurance is designed for individuals who work independently and are not covered under an employer-sponsored group plan. This type of insurance helps business owners, freelancers, and self-employed individuals cover healthcare costs such as prescription drugs, dental care, vision, and paramedical services. Self-employed plans are flexible and can be tailored to meet individual or family needs.
Whether you are self-employed or a business owner, you can deduct your health insurance premiums from your annual taxes.
Simple Assessment Form
To choose the best and most suitable insurance and to receive an accurate quote, please complete the form below.
***Why is it important to provide accurate personal information in the insurance form? ***
Benefits
- The cost of supplementary health insurance for self-employed individuals and business owners may be tax-deductible.
- Supplementary health insurance protects you against medical expenses.
- Drug, dental, and additional coverage plans may also be eligible for tax credits for individuals who are not self-employed.
- If you are a member of “Vitality Club” and meet the eligibility requirement, you may receive a 5% discount on your supplementary insurance, as well as a Garmin or Apple Watch.
Coverage
- Prescription drugs
- Fertility and contraceptive medications
- Glasses, contact lenses, and frames
- Optometrist services
- Dental care with various coverage options
- Physiotherapy
- Massage therapy
- Chiropractor
- Orthopedic shoes and custom orthotics
- Social worker, psychologist, counselor, and naturopath
- Ground and air ambulance services
- Private nursing care
- Medical equipment
- Dental accidents
- Hearing aids, diet therapy, naturopathy, acupuncture
- 24/7 online health services
Canada Dental Care Plan (CDCP)
The Canada Dental Care Plan (CDCP) was launched by the federal government in 2023 and is being implemented gradually. This plan is designed for individuals living in Canada who do not have dental insurance and have a household income of less than $90,000 per year.
Real-Case Examples
FAQ
I have other financial priorities. Why should I get complemental Health insurance?
Every year, you could pay thousands of dollars in unexpected medical and dental expenses if you don’t have a health plan. You could also be especially financially vulnerable in the event you suffer a serious illness or injury. Or you could end up having to use up your savings on private care, because your government health insurance plan, unfortunately, may only offer limited coverage for home nursing care and in-home assistance.
From just dollars a day, you can have comprehensive coverage that you and your family simply shouldn’t be without. And, if you’re self-employed or are an employee of your own business, health and dental premiums may be a non-taxable benefit and a tax-deductible expense. For others, the premiums may qualify as a medical expense and create a tax credit.
