“You have 38 to 43 Percent Chance of Developing Some Form of Cancer!

A Relatively New Type of Insurance is Designed to Manage the Risk of Certain Dreaded Diseases.

Critical Illness policies will cover the top four health conditions:

1.     Cancer- You have 38 to 43 percent chance of developing some form of cancer!

2.     Heart Attack- 70,000 heart attacks occur each year in Canada (EST)

3.     Stroke – Over 50,000 strokes occur in Canada each year (EST)

4.     Heart Bypass Surgery – A surgical procedure to bypass blocked heart arteries with a graft.

Thereafter, up to 23 other illnesses and conditions can be covered such as;

blindness

deafness

kidney failure

major organ transplants

multiple sclerosis

paralysis

coma

others particular to each insurer

Critical Illness insurance pays a lump sum benefit to the insured, if the insured is diagnosed with any critical illness covered in the policy.

The benefit may be used in whatever way the insured wishes. It can be used to fulfill “dreams” (that always-wished for trip or holiday) or for more practical uses (retrofitting a vehicle or the home) or to buy health services through a private health-care system, such as those available in the U.S.

However, critical illness policies are most commonly used to remove the financial burden once the insured becomes critically ill and is unable to work. In this context, it will be used to provide the necessities of life, not fulfill the dream list.

It is not based on the insured’s inability to work, unlike disability insurance!

It is not based on income, unlike disability insurance!

You Establish the Amount!

Yes! You can continue to work if possible!

PS. If you don’t have a claim you can have your premiums returned with a Return of Premium Rider!