Product Availability The products described in this Web site are available and intended only for distribution in Canada and only where they may lawfully be sold. The use of this Web site is restricted to persons currently resident in Canada.
Significant Policy Provisions Many words used in and concepts depicted on this web site are defined terms or matters specifically dealt with in the policies and certificates of insurance to which this web site material relates. In all instances it is the terms of these policies and certificates which shall govern, including as to matters such as the scope of coverage or the outcome of any claim. FutureSafe is critical illness insurance. Critical illness insurance only pays a benefit if an insured person receives a specific diagnosis of a covered illness as specifically defined in the certificate of insurance. Like all insurance there are other limitations and exclusions which apply. You must read the attached certificate of insurance prior to enrolling. Further you should note the following about FutureSafe:
Currency is CD$ for all products offered on this website:
FutureSafe is group insurance with features that are different from other available individual products. In particular, you should note that the insurer can cancel the group policy in which case your certificate of insurance will terminate, upon notice being provided to you. At least 30 days advance written notice of termination will be provided to you at the address we have on file for you.
The insurer can change premiums upon advance notice being provided to you, although no one insured person will be singled out for a rate change. Rather, premiums may be changed for the group based on the experience of all certificate holders. This flexibility is necessary as FutureSafe is a guaranteed issue product for policy amounts under $25,000 which is available at very competitive rates. “Guaranteed Issue” means that the insurer does not do any medical examination or medical review in determining if a person is eligible and any person who meets general eligibility criteria, such as age, will be accepted. Consequently, the ability to change rates is required should the initial low rates available not be sufficient to support the claims experience resulting from the group as a whole.
It is important that you understand these highlights and all the terms and conditions of your coverage which are set out in your certificate of insurance. There are other limitations and exclusions which apply. You should read the certificate very carefully so you understand both the advantages and disadvantages of FutureSafe.
The Importance of the Information You Provide The insurer relies very heavily on the information and statements you provide in your application to enroll. Any material misrepresentation, including, but not limited to your age or that of your spouse shall render void any insurance certificate issued. You must complete your own application for insurance or that of your spouse. A failure to do so renders your insurance policy void.
The Effective Date of Coverage Coverage comes into effect on the date we receive your application to enroll, but ONLY if you pay your first premium when due. You must continue to pay the applicable premium to continue to keep your insurance in effect. We will send you confirmation in the mail, if you don't receive it, we did not receive your enrolment and you are not covered.
Replacing other Insurance FutureBright has some great features, like great rates and no medical examination for enrolment, however, FutureBright should not be purchased to replace existing insurance coverage you may already have in effect. You should not cancel other coverage you have in effect in order to replace it with FutureSafe without advice from an insurance advisor.Please call us toll free at 1-888-788-7233 or email us at admin@futurebright.ca for assistance.
Information May Change All information on this web site, including product features and information relating to premiums is subject to change without notice.