COVID-19 (Peace of Mind) Pool
Canada

Protect yourself from financial loss in the event of being quarantined for COVID-19.

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"People Helping People" Coronavirus Coverage Details...

COST: $10.00 CAD
COVERAGE DATES: MARCH 25 - MAY 24, 2020
COVERAGE AMOUNT: $1000.00 CAD
 
Globally, there are nearly 200,000 cases of COVID-19 corona virus resulting in over 7,000 deaths.  As of March 17th, 2020, there are 478 known COVID-19 cases in Canada with 5 deaths.  As a result of community spread, the numbers are expected to increase over the next 2-3 weeks until measures taken by authorities mitigate the COVID-19 risk.  The COVID-19 risk is low, and it is unlikely to impact you. However, there is always a risk even if it is a small risk.  Besure is bringing together healthy individuals across Canada who want the peace of mind of protecting themselves from financial loss if they are impacted by COVID-19 and are quarantined.

In the event you get impacted by the COVID-19 virus and are quarantined, the besure "Peace of Mind" pool will pay you $1,000 and cover you for 2 months.  Your contribution of $10 pooled will be combined with contributions from other individuals; the combined contributions will be used to pre-fund the pool and distribute payouts to quarantined individuals in the pool. If there are funds remaining in the pool, then the funds will be refunded at the end of the coverage period.  If the funds are depleted, claims will be proportionately reduced. As a community partner, besure is providing their services at no cost.

Joining

To be eligible for this pool, you must be an individual aged 55 or below and actively working.

The following individuals are not eligible:

  • Individuals who have travelled outside of Canada in the last 30 days.
  • Those who are already recovering from the COVID-19 virus.
  • Those who have been exposed and are already in quarantine.

Making a Claim

To submit a claim, you will require an attending physician statement (APS) or a letter from a medical doctor that you are infected with COVID-19 in Canada, and are requested by the health authorities to stay in quarantine for 14 days.  Additionally, you will be required to provide proof of age and letter from your employer that you were sick from work for 7 days. If you were not eligible to join the pool, your claim will be denied. Your claim will be processed after you have been in quarantine for 7 days. 
 

DISCLAIMER:  THIS IS A RISK SHARING POOL BETWEEN PARTICIPANTS. ONLY THE MONEY WHICH YOU AND OTHERS CONTRIBUTE IS USED TO PAY CLAIMS. IT IS NOT INSURANCE. THERE IS NO INSURANCE COMPANY INVOLVED. THE POOL WILL NOT BEGIN UNLESS 3000 PEOPLE JOIN. IF THERE ARE MORE CLAIMS THAN ANTICIPATED, CLAIMS WILL BE PROPORTIONATELY REDUCED. BESURANCE IS ONLY PROVIDING THE WEBSITE AS "SOFTWARE AS A SERVICE." BESURANCE IS NOT BACKSTOPPING, GUARANTEEING, INSURING OR IN ANY WAY SUPPORTING THE PAYMENT OF CLAIMS.
 

Contact Us

Questions? Comments? Call us today at 403-768-3525 or fill out the form below
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