A sudden diagnosis of heart disease, cancer, stroke or other critical conditions will change your financial priorities in a heartbeat.
Medical treatments are often costly, or even experimental – or maybe even only available abroad. If you need to alter your lifestyle according to your changing abilities, or settle your affairs, or just take a vacation, you’d better be prepared.
Critical illness insurance provides a lump-sum benefit upon the diagnosis of a defined critical condition which can be used for whatever purpose you choose.
Critical illness insurance can be understood as an investment in protection against an uncertain future. The following statistics speak for themselves:
Sources:
Canadian Cancer Society – Cancer Statistics for breast, prostate, lung, lifetime cancer risk, and survival.
Public Health Agency of Canada for heart disease and stroke statistics.
The Kidney Foundation of Canada for chronic kidney disease statistics.
Individual
Corporate
Group Benefits
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