How much does peace of mind cost?
The premiums of the TD Recovery Plan for serious accidents are fixed and based on your age at the time of enrolment. For those between 18 and 54 years old, the individual cost is only US$ 9.95 per month. If you wish to include your spouse, the joint plan costs US$ 13.95. It is a very transparent cost structure: you know exactly how much you will pay now and in the future, making it easier to plan your monthly finances in Canada.
Differences between serious accidents and disability
It is common to confuse the terms serious accidents and disability, but the difference is quite clear: in the case of the TD Recovery Plan for serious accidents, the focus is on a one-time, immediate payment based on the injury (e.g., fracture, burn, loss of vision). It is money to solve the problem now.
In disability insurance caused by accidents, the focus is on replacing monthly income if you become unable to work for a long period. Having both plans creates a complete protection network, covering both the immediate impact of the accident and long-term financial sustainability.
Author’s advice
To make the most of the TD Recovery Plan for accidents, consider not only coverage for yourself but also for your children. The additional coverage of US$ 2.00 is one of the best investments you can make, as household or sports accidents may cause fractures, and the US$ 7,000 benefit greatly helps with recovery-related expenses.
In addition, be aware that the TD Recovery Plan for accidents does not cover incidents that occur during illegal acts or under the influence of alcohol and drugs (including reckless driving). The plan is designed to protect responsible individuals against unexpected events.
How to apply for the TD Recovery Plan for accidents?
Enrolment for the TD Recovery Plan for accidents is 100% online and guaranteed if you are within the eligible age range. If you prefer to clarify specific doubts about “eligible fractures,” licensed advisors are available by phone during extended hours, including Saturdays.
Ready to focus on your health without worrying about bills? Click the button below to request your online quote with TD Insurance and secure your first month covered by the bank!
