CRITICAL ILLNESS INSURANCE:

Critical illness insurance is medical insurance that pays a lump-sum benefit upon diagnosis of a critical illness or condition. A critical illness insurance payout helps you avoid the financial strain a major illness can create so that you can focus on your recovery. It gives you the freedom to:

• Get the treatment you want
• Spend time with your family and friends
• Keep your home and other assets

A critical illness can happen to anyone and it happens more often then you may think. Canadians are more likely to experience a critical illness than they are to die before the age of 75. A critical illness benefit could allow you to:

• Avoid withdrawing money from an RRSP or other savings or investments;
• Pay down debts such as your mortgage or loans;
• Choose medicine and treatments not covered by group, personal or government plans;
• Replace lost income so that you have choices – for instance, your partner can take time off work to help you;
• Maintain your business by hiring a person to run it until you return to work.

We deal with the following suppliers for Critical Illness Insurance:

• Assumption Life
• Manulife Financial
• Standard Life
• RBC Insurance
• Sun Life Financial