Critical Illness Insurance (CI)
Canadians are more likely to get serious illness than to die before the age of 75. Critical Illness insurance is coverage that can help Canadians or those living in Canada pay the additional costs associated with life-altering illnesses like cancer, stroke, heart attack and dementia.
If you become ill, your priority should be to recover and rebuild your health.
After being diagnosed with one of the defined illnesses, critical illness insurance pays a lump sum payout. It gives you opportunities and allows you recuperate on your own terms.
The lump sum payment from Critical Illness Insurance may allow you to:
- Avoid depleting your family savings or investments.
- Pay off debts such as mortgages or loans.
- Choose medications and treatments that are not covered by group, personal, or government policies.
- Replace lost income.
To understand how critical illness insurance was first thought about, listen to Dr. Marius Bernard.
Contact us to further discuss your critical illness insurance needs.