You can't predict the future, but you can be prepared for it.
We all know someone who has suffered and survived cancer, a heart attack, stroke or heart surgery. Yet few of us have thought about how we'd cope financially if faced with such a diagnosis.
We insure our homes and our vehicles, but what about our health and our savings?
Generally, healthy clients may feel they don't need Critical Illness insurance. Actually, the healthier you are, the more likely you are to survive a critical illness like cancer or a heart attack than die from it.
Critical Illness coverage is a unique kind of insurance…it’s about recovery.
Thanks to improvements in healthy living and medical science, more and more people are recovering from critical illnesses; however, recovery can mean expensive prescription drugs, medical equipment, and a loss of income. Critical illness insurance can help you cope with these challenges so you can get on with life!
What is the financial impact?
Treating and coping with illness can mean significant and often unexpected costs – costs that may not be covered by provincial or employee health plans. This is where critical illness insurance can help; is designed to help you with the unexpected. You'll have the security of knowing that 30 days following a diagnosis with one of the covered conditions described in your contract, you'll receive a one-time lump sum benefit in that amount -- paid directly to you to spend however you wish:
- Find the best health care available
- Hire a nurse or caregiver to help you at home
- Help make mortgage payments
- Provide income when you can’t work or a loved one can’t work because they’re accompanying you to treatment
- Help protect your retirement plans
- Help your business survive
- Reduce your workload to help you recover
Caring for your loved ones
Thinking about a child getting sick is beyond anyone’s imagination, but it does happen. And if it does, your child’s recovery will be your first priority. That may mean you’ll do everything you can to be there for them and to make sure that they get the very best medical advice and treatment available. A Child rider can help take away any financial worries and let you focus on what really matters … helping your child recover.
Getting your money back
A good financial strategy plans for the unexpected. That’s why Critical Illness Insurance makes sense ... no one plans to get sick. And, if you’re fortunate enough to live a long and healthy life, there are Return of Premium options that give you money back.
We can’t promise you won’t ever need critical illness insurance, but if you do, you have peace of mind knowing it will let you focus on what really matters … getting better. Coverage that fits your needs with plans ranging from $25,000 to $2,000,000.