Critical Illness Insurance

Statistics show that most of us are ten times more likely to suffer a life threatening illness and survive than to die before age 75. Take a moment to reflect on the people you know or may have heard of such as friends, athletes, associates, or even family members who may have suffered a heart attack or other heart diseases, stroke, TIA, cancer, MS, or even unexpected death. Surely, they could not predict that such an event would happen, but all too often they miss the opportunity to plan adequately for the financial aftermath that follows such a diagnosis.

Being diagnosed with a serious and critical illness can be a devastating event, not just for you but also for your family and friends. Even when the person is ill, current bills still have to be paid, not to mention the additional expenses that go along with a critical illness (prescription drugs, specialized feeding for the sick, day care for the kids, transportation of family members who will be visiting the sick person, etc)

Whether it is cancer, heart disease, multiple sclerosis, stroke etc, it is hard to predict who will be diagnosed with a critical illness. Unfortunately, illnesses know no age. That is why it makes sense to get insurance coverage for kids too when they are healthy because you never know what tomorrow will bring.

This is a good reason to get CRITICAL ILLNESS INSURANCE.

Critical Illness Insurance provides a lump sum payment ranging between $10,000 and $2,000,000 upon the diagnosis of a serious illness to help you on your road to recovery. There is no stipulation on how you use the money. You can use it to:

• Pay off debts or mortgages
• Supplement income
• Pay for medical treatments not offered in Canada
• Get quicker treatment outside of Canada
• Take an extended vacation anywhere in the world ; Do whatever you want

A typical critical illness insurance covers most of the following illnesses: