Medical insurance for my parents

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Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:18 am

Hello! Looking for a medical insurance for my parents, they are visitors. They have been here for six years. Now the PR application requires them to have one. Dad is 86 and mom is 65.
Last edited by Michael on Fri Nov 01, 2013 8:19 am, edited 1 time in total.
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:18 am

Hi. Might be better to have separate policies for them, because of the age. Is that OK?
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:19 am

Ok.
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:19 am

How long do you need it for?
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:20 am

They need a projection for 5 years.
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:20 am

The most you can buy is 1 year of insurance.
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:20 am

Ok.
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:23 am

We have one company that sells for 18 months. Did they say the minimum coverage required?
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:23 am

No, may be start with one year.
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:23 am

$100,000 coverage?
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:23 am

What they have estimated is 30-40k per year on medical?
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:24 am

For your dad, the lowest quote is $3261 for $50,000 coverage with $1000 deductible.
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:24 am

What is the monthly payment?
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Re: Medical insurance for my parents

Postby ArbetovInsurance » Fri Nov 01, 2013 8:25 am

This company does not offer monthly payments only 21st Century does. And their age limit is 85. For your mom the lowest quote is $1277.
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Re: Medical insurance for my parents

Postby Michael » Fri Nov 01, 2013 8:26 am

Can I get the details sent, mail or email - ********@yahoo.ca?
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