CRITICAL INSURANCE

If the survival period is satisfied, critical illness insurance offers you a lump sum payment in the case of a life-threatening illness. Consideration is especially crucial during the years when you make most of your income. This is when a short-term or long-term loss of income could potentially have the biggest effects on your way of life because of a serious sickness.

If a covered critical illness is discovered in you, you may utilise the benefit to:

  • Pay for immediate living needs and missed wages.

  • Pay off your mortgage.

  • Pay for any necessary medical care or other recovery-related costs.

  • Unsettling statistics on serious illness in Canada.

Below are few riders which can be added to your Critical Illness Policy:

  • Return of Premium

  • Return of Premium on Expiry

  • Loss of independent Existence Benefit

  • Disability Waiver of Premium Benefit

  • Limited Premium Payment Option

  • Return of Premium on Death

To help you decide in choosing the right insurance