GUELPH, ON, Jan. 16, 2018 /CNW/ - Co-operators Life Insurance Company has introduced a new way for Canadians to plan for the escalating costs related to health and dental care in their retirement. With ContinYou GOLDEN, retiring group benefits plan members and their families can easily transition to an individual plan that covers health, dental and emergency travel medical costs.
The flexible and affordable plans allow retiring plan members to choose the coverage most appropriate for them and their families. Retiring plan members who are covered by group benefits plans are eligible to apply for guaranteed lifelong individual health coverage with The Co-operators within 60 days of their group coverage ending.
"As Canadians age, they are faced with increasing healthcare costs. Items such as prescription drugs, medical equipment, in-home nursing care, dental treatment as well as emergency travel medical costs can be challenging to manage on a fixed income," explained Conor Quinn, vice-president, group benefits at Co-operators Life Insurance Company. "That's why we introduced a flexible solution that allows retirees to easily transition to an individual plan. ContinYou GOLDEN takes the worry out of planning for these costs after you retire."
All plans include coverage for prescription drugs, accidental dental treatment, emergency travel medical treatment, in-home nursing care, medical items and prosthetic equipment, paramedical services and hospital accommodation. Enhanced plans include coverage for vision care, dental services and options to increase emergency travel medical coverage.
About The Co-operators:
The Co-operators Group Limited is a Canadian co-operative with more than $48 billion in assets under administration. Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products.
The Co-operators is well known for its community involvement and its commitment to sustainability. The Co-operators is listed among the Best Employers in Canada by Aon Hewitt and Corporate Knights' Best 50 Corporate Citizens in Canada. For more information, visit www.cooperators.ca.
SOURCE The Co-operators
For further information: Leonard Sharman, The Co-operators, Phone: 519-767-3937