If you develop a critical illness and cannot work any longer, how will your family sustain? How will you afford medical expenses not covered by OHIP?
Canadians, statistically, are 8 times more likely to experience some form of Critical Illness than we are to pass away. So more and more people are surviving the various types of illnesses.
Think about it. Who do you know who has or has had:
||A Heart Attack||
||Coronary Bypass Surgery||
||Other life threatening cancer|
||Major Organ Transplant||
||Other life threatening illnesses|
With Critical Illness you obtain a tax-free lump-sum payment in as little as 30 days after diagnosis of a critical illness. This can be extremely useful for adapting to a new lifestyle caused by a critical illness, reduce financial strain on the healthy spouse. Perhaps the money could go towards paying off a mortgage or extended recovery. Now, you may have the option to have treatment in the United States. How you use it is up to you.
Protection can be obtained for anywhere between $10,000 and $2 million. Contact me at (647) 215-7697 for a free quote.