top of page

Strengthening Your Safety Net with Critical Illness Insurance

Risks are inevitable. In insurance, we talk risks a lot, because we specialize in building the safety net you need to protect against their financial consequences. Here is a guide to this type of coverage.

What is Critical Illness Protection?

You can protect yourself against the financial impact of a serious condition with critical illness insurance. It pays a lump sum benefit upon diagnosis of a covered medical condition. Individuals must typically survive the condition for 30 days to qualify for a claim. The entire amount insured is paid out in a single lump sum, and then the policy expires.

Sample Covered Conditions List

  • Heart Attack

  • Cancer

  • Stroke

  • Coronary Artery Bypass Surgery

  • Multiple Sclerosis

  • Alzheimer’s

  • Parkinson’s

  • Motor Neuron Disease (i.e. ALS)

  • Major Organ Transplant

  • Renal Kidney Failure

  • Paralysis

  • Coma

  • Blindness

  • Deafness

  • Loss of Speech

  • Severe Burns

  • Loss of Limbs

  • Occupational HIV

  • Benign Brain Tumour

  • Aortic Surgery

  • Heart Valve Replacement

  • Loss of Independent Existence

If you never make a claim on your policy, it may be possible to have all of your premiums returned to you. Return of premium on death and expiry are also available riders. These entitle the policyholder to a full or partial refund of premiums paid, either at death or when the policy is cancelled/matures.

Please reach out if you would like to discuss critical illness insurance or assistance finding a solution that fits your need and budget.


bottom of page