The odds of having a critical illness prior to age 65 are 30% for men and 27% for women. 

91% of those affected with a critical illness survive longer than 30 days.

Waiting Period- 30 days, 14 days, or none at all.

The policy holder receives a lump sum payment -- between $20,000.00 and $1,000.000.00 usually within 30 days of diagnosis. Some policies cover up to 22 conditions, including heart attack, stroke, bypass surgery, cancer, kidney failure, blindness, deafness, organ transplants, multiple sclerosis, and paralysis. CCRA has not determined if personal critical illness benefits are a tax free benefit.

You Survived A Critical Illness - but will you have the right insurance coverage?

It's easy to imagine how extra cash might help improve or just maintain one's quality of life after a critical illness. Survivors of critical illnesses are often forced to drastically change their lifestyles - selling their homes or business, dipping into retirement savings, or, in many cases, relying on charities. Could a critical illness happen to you?

Most of us have had friends or family members effected by various critical illnesses such as heart disease, stroke, cancer, MS, Kidney Disease, Occupational HIV Injury, Alzheimer's Parkinson's Disease etc. But what we may not know are that these ailments are all covered by Critical Illness Insurance Policies.

Your Disability Insurance Policy will replace only a fraction of your current income. However, Critical Illness Insurance provides a lump sum benefit determined by you ranging from $25,000 dollars to $2,000,000 tax-free, and paid out 30 days after surviving a major life threatening illness - protection that would alleviate the additional stress that would impair the healing process. Not tied into an ability to work, the lump sum can be used in any fashion from getting medical treatment not available in Canada, to taking the family on a vacation of a lifetime. The possibilities are virtually endless. If you consider Critical Illness Insurance a part of your financial long-term plan, chances are you will never have to change the life style you've become accustomed to.

Currently in Canada, Critical Illness Insurance is available to healthy clients under the age of 65 who have not already had a serious medical condition. The policy usually runs from time of purchase to age 75, and in some cases age 100.

I Would Like a Critical Illness Quote

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