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Critical Illness Insurance
Critical Illness Insurance is Necessary in case
of Stroke, heart attack, Cancer and
other Illnesses
Our Established & Reliable Canadian Critical Illness Insurers
What is Critical Illness Insurance?
Critical Illness insurance policies provide lump-sum payments in order to cover costs related to illness which includes items such as medical care, travel expenses, and even a family member leaving work to help. The policy could cover a wide range of illnesses; however, the most common policies that most Canadian chose cover cancer, heart attack, and stroke which are the most common illnesses.
This coverage is offered by many insurance companies across Canada, and they all categorize the type of protections and coverages in different plans. Most companies have three types of plans; however, the insurance amount on critical illness policy can be chosen under each plan. The main difference of these plans is the type of illnesses covered under the policy. The insurance amount can be as little as $5,000 up to millions depending on the company.
Why do I need Critical Illness insurance?
This is something that no one wants to think about, but it is important to have enough money to pay medical bills if you are diagnosed with such illness. It is unfortunate that 1 in 2 Canadians will develop cancer in their lifetimes. Which makes it very likely for us Canadians to face this unfortunate illness. If we add heart attack and stroke to this equation, makes it highly likely that we are diagnosed with at least one of these three illnesses even if we are healthy. Facing these illnesses and fighting for life is difficult as is, but since these illnesses are costly can create a huge financial burdened which makes the situation more difficult. These three illnesses can be quite costly and very likely to happen; therefore, it is smart to have critical illness insurance in force, so we can focus on getting well without being worried about our finances.
How is the process of purchasing Critical Illness insurance?
Just like any other Insurance coverages, health buys insurance. Therefore, health, income, and family medical history are the main indicators of how much insurance you can purchase.
At AplusWealth we are committed to making the process simple and comfortable for you. All you have to do is to fill out the information form, then we will study your insurance amount need and we will provide you with plans from different insurance companies, compare the prices and values and then give our recommendation, form there you can make the best decision that addresses your needs, and we will help to apply and get the policy. We also will educate you on all the benefits that your policy has and help you maintain and adjust the policy if needed down the road.
You ask the question, we will find the answer
Call us at 1-888-461-6120 or schedule a call for a later time.
