A debilitating illness can strike even the healthiest person suddenly. While leading a healthy lifestyle is the best way to prevent chronic illness, a life-altering event such as a heart attack, a cancer diagnosis, or a stroke - the three most common health issues faced by Canadians today - can occur at any moment.
Critical illness insurance not only provides coverage for the cost of medical treatment and recovery, but also helps you afford necessary changes to your lifestyle or home in the event of an extended illness.
Consider the following statistics:
Do you have enough money saved to cover both your living and medical care costs if you become critically ill? If you answered “no,” you should consider purchasing a critical illness insurance policy.
Employer-issued insurance plans don’t typically cover additional medical expenses such as private nursing or modifications to your home or car. Critical illness insurance extends the coverage offered by your group disability plan. A critical illness policy:
An unexpected illness can be devastating not only to your physical health, but to your emotional and financial health as well. Critical illness insurance can protect your family’s financial future while you focus on what truly matters - getting well.