Critical Illness Insurance

  Insurance needs are evolving….
  Life insurance
  - tax planning
  - Wealth transfer
  Disability Insurance
  - maintain income
  Critical Illness protection, a compliment to Life and Disability
  - provides supplement cash for living expenses
  - emergency fund
  A Critical illness can cause untold financial strain and emotional stress
The effects of a Critical Illness
  • Ablity to work
  • Lifestyle
  • Hobbies and recreational pursuits
  • Relationships
  • Family and friends
  • Business: partners, shareholders
  • Creditors
Additional costs associates with a Critical illness (in addition to a loss of income)
  - Medication
  - Treatments
  - Transportation
  - House renovation
  - Private nurse
It covers the following 23 illnesses or medical conditions:
Heart Attack
Coronary Artery Bypass Surgery
Kidney Failure
Major Organ Transplant
Multiple Sclerosis
Loss of Independent Existence
Aortic surgery
Muteness (loss of speech)
Major Burns
Benign Brain Tumour
Occupational injury – HIV
Motor Neuron Disease
Alzheimer’s Disease
Parkinson’s Disease
Cystic Fibrosis
Heart Valve Replacement
Prevention + Benefit
  Some illnesses and conditions which, even though are very serious, are not eligible for critical illness coverage, since they do not place the patient’s life in danger (detected at an early stage).
  However, the Prevention + benefit provides you with a compensation benefit when one of the following conditions is diagnosed:
  • Malignant melanoma (Skin cancer detected at an early stage)
  • Prostate cancer (Stage A)
  • Ductal carcinoma in situ of the breast (Breast cancer detected at an early stage)
  • Coronary angioplasty (interventional procedure that unblocks a vessel to the heart)
Benefit equal to 0 % of your insurance protection (maximum $50,000 per benefit)
Your insurance protection continues with no restriction
The insurance protection is reduced by the amount corresponding to the benefit paid
The prevention + benefit is available once for each of the above-mentioned illness and medical conditions.
A tax free benefit for YOU
You pay no taxes on the benefit you are paid in the event of a critical illness.
To know more about the program give us a call at 416-283-8899 and one of our friendly customer service representatives will put you in contact with a authorized representative.