INSURANCE
OF NOBODY
The importance of prevention!
Critical illness: One in three Canadians will develop cancer
Onein eight men will develop prostate cancer in their lifetime and more than 50,000 Canadians suffer from multiple sclerosis, these statistics make Canada one of the countries most affected by cancer. As for people who suffer a heart attack, one in two is under the age of 65.
Critical illness insurance evolved!
Having a heart attack, cancer, stroke, sclerosis or Alzheimer’s can be costly. To be able to deal with these health problems, it is useful to have health insurance.
A good treatment for your finances!
Health insurance allows you to benefit from financial assistance to cover the expenses associated with a critical illness.
It is useful for:
- Receive home care or be able to get help with housework and childcare
- Dealing with the loss of your salary if you become disabled for more than two years
- Benefit from the best possible treatments
- Avoid being dependent on another person
- Undertake work inside your home to make it fit your needs
- Keeping your RRSPs intact
- Be able to pay off your debts (a loan, a mortgage, and even your credit card balance)
With health insurance, you can be covered against about 25 diseases and surgeries. There are even options that allow you to offer a refund of premiums during your lifetime.
How does the insurance payment work?
In the event of a diagnosis of a critical illness covered by the contract, the insured receives a tax-free lump sum. This sum can be used as needed, with no restrictions on use.
What are the eligibility criteria?
- Medical exam or health questionnaire required
- Risk factors such as age, medical history, and lifestyle
- Waiting period after underwriting, during which certain illnesses are not covered
How to choose the best critical illness insurance?
When selecting a contract, it is recommended to compare:
- The amount of coverage : does it correspond to your financial needs?
- Covered illnesses : Some companies offer broader coverage than others.
- Exclusions and limitations : Read the terms and conditions carefully.
- The cost of premiums : depending on your age and state of health, rates may vary.
Critical Illness Insurance vs. Disability Insurance
Although complementary, these insurances have distinct objectives:
- Critical illness insurance pays a lump sum payment in the event of a diagnosis of a critical illness.
- Disability insurance provides income replacement if the insured is unable to work due to a prolonged disability.
Peace of mind
Critical illness insurance is an essential solution for dealing with the financial unforeseen events related to a critical illness. By subscribing to this protection, you ensure your peace of mind and that of your family, by benefiting from valuable financial support during difficult times.
Get a quote today!
Compare the best offers and find an insurance that suits your needs.
1-866-350-9763
