Critical Illness Insurance
Focus on your recovery. We help you protect your financial stability.
A serious illness doesn’t just affect your health
Survivors of a critical illness have to face not only physical but long-term financial challenges following the diagnosis.
Critical illness insurance protect your finances by providing a lump sum, tax-free payment when you are diagnosed with a covered condition.
You can use that money to:
- Hire a private nurse or caregiver.
- Cover treatments or medical devices not included in the provincial health plan.
- Pay your mortgage, credit cards, or daily living expenses.
- Take time off to prioritize your recovery.
- Cover any other need that supports your healing process.
How does this insurance work?
Financial support when you need it most
The benefit is paid once the medical diagnosis is confirmed and the survival period has passed (usually 30 days). This insurance can also be combined with your life insurance for comprehensive and long-term protection.
You don’t need to justify how you use the funds: you can cover treatments, adapt your home, travel, or simply rest without financial stress.
Premiums for a $50,000 CAD policy can be as low as $2 per day, depending on your age and the plan selected.
Statistics show that people over the age of 55 are more likely to be diagnosed with a critical illness.
That’s why securing coverage early gives you better premiums and greater access to protection.
Critical Illness Insurance Benefits
REAL PROTECTION FOR LIFE’S CHALLENGING MOMENTS
Tax-free lump sum payment
Coverage for over 20 serious illnesses (cancer, heart attack, stroke, kidney failure, etc.)
Medical assistance and access to a second medical opinion in some plans
Option to include coverage for spouse or children
Partial refund benefit if no claim is made (depending on the policy)
Option to add it as a rider to your life insurance policy to reduce overall costs
FREQUENTLY ASKED QUESTIONS ABOUT CRITICAL ILLNESS INSURANCE
Which illnesses are covered?
It depends on the plan and insurer, but typically includes cancer, heart attack, stroke, kidney failure, organ transplant, multiple sclerosis, and neurodegenerative diseases.
When is the payment made?
Once the diagnosis is confirmed and the survival period has been met (generally 30 days), the insurer pays the benefit directly to the policyholder.
Do I need to provide medical bills or invoices?
No. The payout is unrestricted — you decide how to use it.
Can I have this insurance if I already have health or life insurance?
Yes. This insurance complements your existing coverage. It provides immediate liquidity for expenses not covered by other policies.
Is this a life time coverage?
It depends on the contract duration selected: 10, 20 25 or life. Your advisor can help you choose the best option.
YOUR WELL-BEING DESERVES PROTECTION.
LET YOUR ADVISOR EXPLAIN CRITICAL ILLNESS INSURANCE
Confianza basada en experiencia real
Más de 10 años ayudando a personas y familias a tomar decisiones financieras con prevención y serenidad
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Co Founder
Jhon william
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Co Founder
Sarah albert
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Co Founder
Mike hardson
Read and learn about how to keep your finances healthy
TIPS TO PLAN FOR LIFE’s UNEXPECTED MEDICAL EVENTS
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- Financial security
- Life, Disability or Critical Illness Insurance: Which One Do You Really Need?