Critical Illness Insurance
Critical Illness Insurance is quickly becoming a popular financial tool for Canadians concerned about their financial and physical well-being. Critical Illness Insurance provides a tax-free lump sum benefit in the event that you suffer a life-threatening or life-altering illness such as:
| • Cancer | • Benign Brain Tumor | • Major Organ Failure on Waiting List |
| • Heart Attack | • Blindness | • Major Organ Transplant |
| • Stoke | • Coma | • Motor Neuron Disease |
| • Alzheimer's Disease | • Deafness | • Multiple Sclerosis |
| • Coronary Artery Bypass | • Heart Valve Replacement | • Occupational HIV Infection |
| • Aortic Surgery | • Kidney Failure | • Paralysis |
| • Aplastic Anaemia | • Loss of Limbs | • Parkinson's Disease |
| • Bacterial Meningitis | • Loss of Speech | • Severe Burns |
Should you survive your critical illness for 30 days, your tax-free benefit would be available to pay for additional health care (perhaps quickly in another country), pay off debts, or perhaps even retire early. Most importantly, it will give you the control and options that you will want to have if you ever experience serious health problems.
Return of Premium
Return of Premium is an add-on feature available for most Critical Illness Insurance policies. Just as the name suggests, this optional feature provides for the return of your premiums if you do not make a claim. In the fortunate event that you do not suffer a serious illness, you will receive a full refund of what you have paid.
To learn more about Critical Illness Insurance, please contact us.
