(no subject)
I'm looking at getting insurance through BMO for "Female Cancer" protection. Because I'm under 26, my premium would be $11.90 a month, and would cover me for up to $50K if I were to get any type of their included list of cancers that predominantly hit women (well, only breast cancer could hit men of the list).
On top of that, if I never make a claim, I'll get all my money back when I decide I no longer need the policy (or turn 70), as long as I haven't made a claim. I hope I never actually require it, but I think it makes sense to apply for it. I do need to confirm that I can hold the policy for more than 20 years though. 44 isn't young enough to have my money returned. I want coverage as long as I can.
I need to consider getting all my insurance put in place, since rates go up as we get older. I turn 25 in February, so if 25 is the cut off point for more expensive insurance, I guess now is my time to get it. I just need to figure out good plans that give my premiums back. I'm sure it's more expensive that way, but now is the time to get things lined up. I don't want silly insurance that you have to jump through hoops to make a claim. I want insurance that will be there when you need it, cover you the way you need it, and pay you if you don't need it! Is that so much to ask?
(More information can be found here for the Well Woman insurance I'm looking into getting. I just need to confirm the policy terms before I sign up for anything: www4.bmo.com/insurance/0,5038,35649_85244773,00.html - I had them send me a package though)