Critical illness insurance is an insurance policy which pays a lump sum payment to use how you want if you are diagnosed with a major illness and survive the waiting period of 14 or 30 days. The lump sum payment can range from $5000 to $1,000,000+. You choose the plan that best suits your needs.
The Canadian Cancer Society says 40% of Canadian women and 45% of Canadian men will develop cancer during their lifetimes, and the Heart and Stroke Foundation estimates there are more than 70,000 heart attacks and 50,000 strokes in Canada each year.
Out of pocket expenses can add to up thousands of dollars. Having the proper insurance coverage in place will give you a piece of mind so you can focus on getting better.
Protect yourself financially against the most common illnesses.