Megacorp specializes in the corporate, professional and estate planning markets. Megacorp trains, educates and distributes products through hundreds of highly regarded agents/brokers, investment dealers and mutual fund representatives. Megacorp’s consulting staff are specialists in all aspects of life and critical illness insurance, with a combined experience of well over 100 years.

Megacorp has designed, developed, consulted for, and delivered numerous products for a variety of domestic and international insurers.

Megacorp’s associate partners include a fee-for-service registered financial planner, an actuary, a chartered accountant, an IT consultant and designer, and a group benefits designer and distributor.

Critical Illness Insurance Specialist

Megacorp researched, developed and introduced to the Canadian market the first successful Critical Illness Insurance product. The company spent more than a year researching critical illness plans throughout the world prior to designing and launching the Canadian product in 1994. Megacorp gained extensive expertise in the design of critical illness plans and, in the process, has become a recognized specialist in this field. Critical illness insurance is essential to completing every personal or business financial plan.

Services provided:

Assisting in the search and purchase of an appropriate plan.
Comparing various options amongst plans
Pointing out pitfalls and restrictive “traps” to be avoided
Helping consumers properly interpret Critical Illness definitions.

LifeBeat, a revolutionary new comprehensive critical illness insurance plan developed in Canada by Megacorp, is the only insurance in Canada that offers the dual coverage of both acute and chronic conditions. LifeBeat coverage is provided by AXA Assurances, a member of the AXA Group, a world leader in financial protection.

Background on Richard (Dick) E. Gilbert:

Dick Gilbert is President of Megacorp Insurance Agencies Inc., and Vice-President of Marketing of Calculife Consultants Inc. Dick has 34 years experience in the life insurance industry as an agent, broker, G.A., M.G.A., Exclusive M.G.A., product designer, industry consultant, wholesaler, lecturer and trainer.

Since 1980, Dick has designed numerous innovative products for 12 life insurance carriers. His first critical illness insurance plan was officially launched in 1994. It remained the undisputed market leader and was recognized as the industry’s benchmark for all such plans up until the recent introduction of LifeBeat, which is now setting the new benchmark standard for both critical illness and Long Term Care insurance plans.

Dick’s creative product packaging and innovative techniques have resulted in Megacorp representing many top Canadian and international carriers. In the early 1980s, Dick helped a career carrier’s entry into the brokerage market by developing a complete new product line, which through Megacorp’s network helped the carrier experience a 60% increase in in-force business and over a 100% premium increase in the first year.

Dick’s devotion to quality and service, combined with uncompromising integrity, has resulted in an extensive distribution network and arrangements with leading industry figures across Canada.