critical illness insurance

Critical illness Insurance

It provides a lump sum tax-free benefit when a one of covered medical condition such as heart attack, cancer, stroke, paralysis, etc. is diagnosed. This benefit is payable when you diagnosed and survive for 30 days following the diagnosis (unless a longer survival period is specified) of one of the illness covered under the plan.

Are you and your family financially prepared to survive a Critical Illness? There are immediate financial consequences when you suffer from a critical illness:

• Absence from work
• The cost of home care during a period of illness and recovery
• Treatment outside of Canada or other medical cost not fully covered under the provincial health plan
• Children’s Education
• Early Retirement