How Critical Illness Insurance Works

Most Canadian insurance companies offer critical illness insurance and offer coverage for the same medical conditions. The policy will pay out only when the insured person is diagnosed with a condition covered by the policy.

Most companies include the following types of conditions*:
  • Cancer
  • Stroke
  • Heart Attack
  • Coronary Artery Disease (requiring surgery)
  • Blindness
  • Deafness
  • Heart valve replacement
  • Kidney failure
  • Loss of limbs
  • Loss of speech
  • Major organ transplant recipient & for being on a waiting list
  • Motor neuron disease (ALS or Lou Gehrig’s disease)
  • Paralysis
  • Parkinson’s disease
  • Severe burns

Securing your Family's Future

Following the advice of a trusted advisor is shown to be a significant factor in building wealth and achieving investment success. Our team can provide sound advice and a Personal Wealth Management Strategy™ to guide & assist you & your family at any stage of life.