Understand Critical Illness Insurance

Why do you need Critical Illness Insurance?

According to Canadian statistics, on average, one out of every two men and one in three women are diagnosed with a stroke, heart attack and cancer. Even though the rate of critical illness increases every year, progress in medicine makes it possible for patients to recover from serious illnesses like never before. As you recover, you may not be able to earn an income, your outgoings could rise significantly, and your life insurance policy may not help.

Critical Illness Insurance is a reliable product that can protect you and your family should you be diagnosed with a covered illness or condition.

What conditions are covered?

Conditions covered under a critical illness insurance plan vary depending on the provider, see here what is typically covered.

How can I use the benefit?

• Source of income - the benefit can be used as a source of income while you focus on recovery.

• Cover large debts - Pay off the balance of your mortgage, credit cards or other debts.

• Medical treatments & private care - get access to the latest treatments as well as private care services that are not covered by a government health plan.

• Your choice - you have the freedom to use the benefit to best suit your needs.

For more information on Critical Illness Insurance or to get a no obligation quote please complete a short enquiry form and we will be happy to assist you.