Critical Illness Insurance

Critical illness can occur at any time. If you’re diagnosed with a heart attack, stroke, cancer or kidney failure, you can take comfort in knowing you’re covered. More Canadians recover from heart attacks, strokes, cancers, and kidney failures; think about the impact a critical illness would have on your finances without this vital coverage. Critical illness coverage helps you focus on your treatment and recovery.

Critical Illness Insurance pays a lump sum of tax-free money 30 days after the diagnosis of a covered illness. It is like having your own private health care program: If you do not wish to wait in line for health care, you can seek professional services elsewhere. Insurance companies now cover up to 21 major illnesses, and you decide how to use the money (to pay down the mortgage, take a vacation, or provide family income).

Disability Insurance

Disability insurance replaces income you lose in the case of injury or illness that can leave you unable to work for an extended period of time. More importantly, it can provide the family's income when you can't. This type of coverage is important for working-age people to consider. Although it does not cover the cost of rehabilitation if you are injured, you can check your major medical insurance to see if it’s covered there. Some employers offer group disability insurance and this may be one of the benefits of where you work. Some government-sponsored programs that provide disability benefits might also be available.

It is never too late to get insurance. Call us today for more details.