FADOQ is an organization that unites and represents people aged 50 and over throughout Canada. Joining this group of over 535,000 members brings many benefits, discounts and privileges, including those related to insurance.
In this article, you will learn about the benefits of the FADOQ FreeSpace program from Intact Insurance.
FADOQ FreeSpace program benefits for your car insurance include:
- 5% discount on your insurance premium. *Some insurers offer an age discount in return.
- No deductible in the event of a hit-and-run or total loss. *Many insurance companies offer this type of coverage.
- Up to $300 off your deductible in the event of a collision or rollover for the first claim in three years. *Of course, you must not have a claim on your record in the last three years.
- $50,000 coverage for the insured and their spouse in case of death or dismemberment resulting from an accident, with the purchase of $10,000 of coverage. *This coverage is available with most insurers, and you can adjust it to your needs.
- Up to $100 off the deductible for claims such as a broken window, fire, theft or vandalism for the first claim in 3 years. *Of course, you must not have a claim on your record in the last three years.
For your home insurance:
- 5% discount on your insurance premium. *Some insurers offer an age discount in return.
- Up to $300 off your deductible for the first claim in three years. *Of course, you must not have a claim on your record in the last three years
- Replacement cost with no obligation to rebuild. *Many insurance companies offer this coverage free of charge when car and home insurance are combined.
- Free in-home assistance service after a hospitalization lasting more than two consecutive days (housekeeping, nursing care). *Again, many insurers offer this service.
For combined car and home insurance:
- A single deductible to pay when a claim affects both your car and your home. *Many insurers offer this benefit.
- Up to $60,000 for damage to a borrowed or rented vehicle in Canada or the United States. *Some insurers offer more coverage; look into it!
- Up to $75 daily (up to a maximum of $2,250) for a rental car and up to $1,125 for additional expenses following an accident that renders that vehicle inoperable.
- Replacement cost protection on furniture without the obligation to replace it. *This protection is a great benefit! Once again, look into this, as some insurers offer this protection.
- Identity theft protection. *Other insurers also offer this protection.
Is the Intact Insurance FADOQ FreeSpace program right for everyone?
The benefits offered by Intact Insurance are very attractive, and we encourage some of our customers to become FADOQ members so they can take advantage of them. But you should know that many other auto and home insurers offer similar privileges.
At Assurances Multi-Risques, we are convinced that Intact Insurance’s FADOQ FreeSpace program can be advantageous, but not for everyone. Depending on your circumstances and your location, Intact Insurance may not be the best insurer for you. And being insured by this insurer doesn’t guarantee you the best premiums and coverage for your car and home.
To find the best insurer for your particular needs and situation, contact an independent insurance broker who deals with several different insurers; they can compare offers for you!
In the meantime, for Intact Insurance customers aged 50 and over who are not FADOQ members, ask your current insurer or an Assurances Multi-Risques broker to help you join the organization so you can take advantage of the FADOQ FreeSpace program.
