1. What is Critical Illness Insurance?

Critical Illness Insurance offers financial support during life-altering illnesses such as Cancer, cardiac ailments and bypass surgery. If your policy covers the illness, you receive a lump sum amount of money that you can use to cover costs.

2. Who should consider Critical Illness Insurance?

Cancer, cardiac failure and other ailments are increasingly being claimed by Canadians of all genders and ages. Can you shoulder the high medical costs without creating a dent in your savings? With Critical Illness Insurance, these costs can be covered.

3. Benefits of Critical Illness Insurance

Depending on the policy you have chosen, your Critical Illness Insurance funds can cover the following:

  • Medical care
  • Home-nursing, rehabilitation, childcare services
  • Medical assistance devices such as electric wheelchair
  • Mortgage, car loans, credit cards
  • Business expenses
  • Home modification costs such as installing a ramp etc.
  • Higher disability insurance coverage
  • Cost of children’s education

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