Critical Illness Insurance provides a lump sum cash benefit to
spend as you choose should you experience a life-threatening illness
or a severe injury.
Many people are surprised to learn the average age of critical illness
insurance claimants is 47. The statistics show that 80% of the
mortgage foreclosures in Canada are caused by an illness in the
family!
In coping with a critical illness, you would face choices concerning
your recovery. Treatment, lifestyle adaptation, and one-time,
transitional costs could exceed government health care coverage and
could erode your disability income or your savings.
If you experienced one of the life-altering illnesses covered by Critical
Illness Insurance, you would receive a  lump sum cash benefit to
spend in any way you choose, for example to:
  • Fund treatment, therapies or adaptive equipment not fully
    covered by provincial health care plans;
  • Reduce or eliminate outstanding debts, allowing you to focus
    on recovery instead of financial commitments;
  • Provide for home care, child care, or other expenses during
    recuperation.
The underwriting requirements for Critical Illness Insurance are more
restrictive than those for Life Insurance.
Contact me to check if you
would qualify to apply for Critical Illness Insurance. I will determine
your needs for Critical Illness Insurance and explain you how it works.
The covered conditions, the definitions of the covered illnesses, the
additional benefits, the payment and the return of the premiums vary
considerably from one insurance company to another and between
the different insurance contracts. Always ask for help from a qualified
professional! I proud myself to have in depth knowledge of this
complicated type of insurance and I would be happy to share it with
you.
Critical Illness
Insurance
Always ask for the best!
My recommendations are based on plans
offered by the
Top 5 Insurance Companies in Canada.
Lifecheque Basic
If you are looking for an affordable, simple solution to
meet your need for
critical illness insurance, Manulife
has the answer. Lifecheque Basic offers critical illness
protection at a
low cost, and with a hassle-free
application process
.

Lifecheque Basic is a simplified critical illness insurance
plan that provides a one-time benefit upon a diagnosis of
one of
the five most common conditions: heart attack,
stroke, cancer, aortic surgery and coronary bypass. It
requires
no underwriting or medical tests, only a
signed declaration of good health
.  Exclusions and
restrictions apply.  For more information on this insurance
or
to purchase a plan, click on the link below

Click here for more info