Critical Illness Protection

Critical illness insurance is a form of protection that can provide you with a lump sum payment if you suffer from a covered critical illness and the survival period is satisfied. The physical and emotional strain of a critical illness can be severe and when you combine that with the potentially damaging financial impact, the result can be devastating.

Do I need critical illness protection?

In determining your need for critical illness insurance, you should consider benefits that may already be available to you through other insurance policies, such as life insurance and group health insurance.  For example, the benefits offered through your employer's group disability plan may provide appropriate and adequate coverage in the event of a critical illness.

You should also consider your personal circumstances and the added financial strain that could be brought about by dealing with a serious illness or disease.  Public and private health insurance plans typically do not provide coverage for day-to-day living expenses such as travel to and from treatments, home care and child care. 

Living with a critical illness can mean major changes to your lifestyle and serious financial challenges, if you are not prepared

Surviving a serious illness should not affect the financial health of your clients’ families. Critical illness insurance will pay a lump sum to your clients to help them cover the costs associated with recovery and help supplement any of their lost income.