Do you know someone who has been diagnosed with a critical illness?

Most likely so. Approximately one out of every two men and one out of every three women in Canada have been diagnosed with a heart attack, stroke or cancer. The incidence of life threatening illnesses is increasing each year.

The good news is, advances in medical technology and science have helped people survive life threatening illnesses like never before. Studies have shown that approximately 80% of all stroke and heart attack victims will survive and cancer victims are living longer than before.

What will happen if you become a victim of cancer, stroke or a heart attack? This is an important question to think about. When you survive a critical illness, you may not be able to go back to work immediately. In fact, your expenses could increase significantly as you deal with challenges that critical illnesses may bring such as seeking the best medical treatments and care, meeting day to day responsibilities (such as caring for your family), paying for your mortgage and coping with anxiety and stress. Furthermore, expenses such as private nursing or modifications to your vehicle or home to improve to your functioning are not covered under Ontario Health Insurance Policy (OHIP) and may not be covered by a typical employer group benefits package.

How will you cope with the potentially high cost of recovering from a critical illness?

Research has shown that more and more survivors of critical illnesses are depending on insurance benefits to help them buffer the potentially high cost of recovery. Critical Illness Insurance is a great solution. It provides a lump-sum payment to help support you financially as you focus on what is most important - recovering from your life threatening illness and you could spend this money any way you want. 

To learn more about this product, speak to your financial consultant or contact us and we will be happy to assist you. 

Call Now 1.888.223.1011

How do you say “Honey, you really mean a lot to me, and I really care about you” this Valentine's Day?

If you were to buy your loved one a dozen red roses or a box of truffles, she is likely to think, “All right, he cares enough bout me to buy the obvious present.” sixty-four percent of men give their significant other flowers on Valentine’s Day, so giving flowers shows that you are like two-thirds of men. This is about equal to posting “hb” on your partner's Facebook page on her birthday: it signals that you remember, and that you are willing to spend about seven seconds conveying that fact.

Instead put your resources where your mouth is. Make your significant other feel secure all the time with a Critical Illness Insurance that is designed to shoulder the cost of becoming critically ill. You don’t have to spend a lot of money to show that you care. For as little as $7.50 per month*, your loved one will have a Critical Illness Insurance plan that will make her feel protected against many kind of life threatening illnesses.

So this Valentines Day wrap the insurance policy with a red ribbon and present it with a box of truffles and wish her a healthy, long and meaningful life. Happy Valentines Day!

*Monthly charges may vary depending on gender, age and smoking habits.

Why do you need Critical Illness Insurance?

According to Canadian Statistics, there are an estimated 50, 000 strokes in Canada each year. That's one stroke every 10 minutes. On average, one out of every two men and one out of every three women experience a stroke or heart attack.

Across Canada, the incidence of cancer does not look more promising. About 2 in 5 Canadians will develop cancer in their lifetime.

However, the good news is that even though each year the rate of critical illness increases, due to advancements in medicine, a great number of Canadians are surviving from serious critical illnesses and going on to lead active and full lives.

Without a question, recuperating from a critical illness takes time, is emotionally straining and could deplete your finances. If you were to become ill, you would want to concentrate completely on what maters most - recovering from your illness without having to worry about taking time off work, focusing on your expenses and sustaining your family's lifestyle.

In fact, Critical illness Insurance enables you to do just that - focus on getting well. The lump-sum benefit can be used:

as a source of income while enabling you to focus on recovering from the illness.

to get access to private care services, therapies and treatments that are not covered by a provincial health care plan.

to pay off large debts, such as the balance of your mortgage or business or credit card debts.

 for anything that you choose.

For more information on Critical Illness Insurance or to get a free, no obligation quote, please contact us at Critical-Illness-Insurance.ca.  Our professional consultants will be happy to assist you.  

phone number: 1.888.223.1011,
email:  info@critical-illness-insurance.ca.

What is critical illness and how does it work?

Hundreds of thousands of Canadians were diagnosed with cancer last year and just as many had heart attacks. As it’s largest city, Toronto, Ontario in Canada saw it’s fair share of cancer and heart attack diagnoses as well. Getting over a critical illness can be one of the most challenging times for you and your family. Financial obligations such as remaining financially stable, supporting your family and unexpected medical bills can add stress when you need to concentrate on recovery. 

Available in Toronto, Ontario and in fact all of Canada, is a unique type of insurance product called Critical Illness Insurance which pays insured individuals, a lump sum of cash in the event they survive a covered critical illness.

So exactly what is critical Illness Insurance and how does it work in Canada? Critical illness insurance can help cover the expenses necessary to survive a major illness. By owning a critical illness insurance policy in Canada, you’ll have peace of mind knowing that in the event of a life-threatening illness, you and your family will be able to help pay your medical costs, basic living expenses. The money from the critical illness insurance will also help you pay down debt, seek treatment outside of Canada, or could be used for whatever you choose. There are no restrictions.

It's also important to note that the lump sum cash benefit is paid in addition to other coverage you may have in your employee benefit plan. And unlike disability insurance, critical illness insurance is paid regardless of your income or ability to work.

Whether you purchase your policy in Toronto, Ontario or anywhere else in Canada, there are important details to know about what is covered but also what is not covered about critical Illness insurance and how it works in Canada. For example, coverage may depend on the degree of severity of the condition. For instance a diagnosis of a cancer that is non life threatening and can be easily treated and is expected to be recovered from quickly, like a superficial skin cancer that has not spread, can make it ineligible to be claimed. In addition, generally speaking, with a few exceptions, a critical Illness insurance policy in Canada cannot be obtained to cover a pre-existing condition. Some critical illness insurance plans in Canada consider your family history and your BMI (body mass index) as part of the underwritng process. Whereas some plans available in Toronto, Ontario and throughout Canada enable you to purchase critical illness insurance instantly, on-line, with very few medical questions on a simplified issue basis. Make sure when you weigh your options and consider what is critical Illness insurance and how it works in Canada, to choose the plan that is just right for you.

Why do you need critical illness insurance?

OHIP, your health benefits are not enough

You will probably be surprised to know that up to two thirds of the costs to cancer patients are not directly related to their treatment. Instead these expenses are related to nursing care, medical care, day to day living expenses, travel to receive treatment, home health care, child care and other expenses not covered by Ontario health insurance. 

Additionally, medical issues and illnesses are still the third leading cause of bankruptcy in Canada, behind job loss and divorce, despite the public health care system. 

The situation is much worse if the cancer patient needs to pay the drug treatment from their own pocket: According to a 2009 report released by the Canadian Cancer Society, The average cost of a single course of cancer drugs is $65,000, which is nearly as high as the average Canadian’s annual income.  

This is where critical illness insurance is a good solution. With this affordable and relatively cheap insurance, you will have the security of knowing that 30 days following a diagnosis of a critical illness including cancer, heart attack, stroke, coronary bypass, or aortic surgery, you will receive a one-time, lump sum benefit – paid directly to you. With critical illness insurance in place you will have fewer financial worries and be able to focus on what’s really important – making a full and speedy recovery.

For more information, please contact us.

A simple solution that will provide Canadians with peace of mind....

There is a growing need for families and households to protect themselves should the occurrence arise where a family member is stricken with a critical illness. The ripple effect of a critical illness to a family member, especially if they are the family’s primary income earner is often devastating and the financial burdens compound the health problems considerably.

There is a simple solution which will provide any Canadian family with the peace of mind to know that they are covered should this scenario ever arise. TheManulife’s Lifecheque® Basic Critical Illness Insurance policy is Canada’s best kept insurance secret. In less than 10 minutes, by answering a few simple questions you can be approved for up to $75,000 in coverage. No medical check-up is required and it’s a guaranteed issue. It’s simple, accessible and affordable!

Call us today at 1.888.223.1011 to speak with one of our professional and trusted advisors. 

Critical-Illness-Insurance.ca is an online health insurance brokerage based in Ontario, Canada as part of a larger network of independent professional advisors across the country.

We have trusted relationships with all the leading Canadian insurance providers, offering a full spectrum of personal protection products to serve our clients that are tailored to suit their budget, lifestyle and needs at every stage of life.