Critical illness insurance provides a tax-free lump sum payment if you're diagnosed with a covered serious illness. This money helps you focus on recovery without worrying about bills, lost income, or treatment costs.
Key Fact: 1 in 2 Canadians will develop cancer in their lifetime, and 1 in 4 will have heart disease.
Average Recovery Time: Many critical illnesses require 6-18 months away from work.
Average Recovery Time: Many critical illnesses require 6-18 months away from work.
Why You Need Critical Illness Coverage
Tax-Free Lump Sum
Receive your entire benefit amount tax-free to use however you need.
Focus on Recovery
Cover living expenses while you heal - mortgage, bills, childcare, and more.
Treatment Options
Pay for experimental treatments, travel for specialists, or alternative therapies.
Home Modifications
Adapt your home for mobility needs or hire help during recovery.
Commonly Covered Conditions
- Cancer: Life-threatening cancer (excluding certain early-stage cancers)
- Heart Attack: Myocardial infarction of specified severity
- Stroke: Cerebrovascular accident with lasting neurological deficits
- Coronary Bypass Surgery: Heart bypass for coronary artery disease
- Kidney Failure: Requiring regular dialysis or transplant
- Multiple Sclerosis: Unequivocal diagnosis with neurological abnormalities
- And more: Most policies cover 25+ conditions
How Critical Illness Insurance Works
- Choose your coverage amount ($25,000 to $2,000,000+)
- Pay regular premiums to keep your coverage active
- If diagnosed with a covered condition, you receive the full benefit
- Use the money however you choose - no restrictions
- Many policies offer return of premium options
Protect Yourself and Your Family
Our advisors will help you find the right critical illness coverage for your needs.
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