Thankfully, we live in a day and age where we are more likely than ever to survive a life-threatening illness. With this however comes the sobering reality that many of us will have to endure the stresses that come with a critical illness. According to the Canadian Cancer Society 1 in 2.2 men and 1 in 2.4 women who are living in Canada will develop cancer in their lifetime. Along with this, every 7 minutes in Canada someone dies from heart disease or stroke. With life expectancy increasingly on the rise, the thought of critical illness seems to more be a question of when, not if. Critical Illness Insurance can provide peace of mind that you are prepared in the event a life-threatening illness and a tax-free lump sum cash payment when you need it most.

What is Critical Illness Insurance?
Critical Illness Insurance provides a tax-free lump-sum cash payment you can use however you need or want while recovering from a covered illness once you meet the survival period.
If a critical illness were to happen to you would you be prepared?
There are many costs that come with life-threatening illnesses.
Critical Illness Insurance can help with the cost of travel, lost wages, extra costs associated with medications, or interrupted savings and retirement savings.
What if I never make a claim?
You can opt for a return of premium option that can get you up to 100 percent of your money back in the event you don’t experience a critical illness.
To read more about other common myths and misconceptions click here.
Do I really need Critical Illness Insurance?
Use the know your risk calculator to see what your risk of disability, life-threatening injury or death before the age of 65 is.
To discuss critical illness insurance and what options may work for you or your business, contact Geoff Campbell at geoffcampbell@f55f.com