Buying Critical Illness Insurance

By May 25, 2020 March 23rd, 2021 Advisor, Blog, Consumer
buying critical illness insurance

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Critical illness insurance means less stress about your finances so that you can focus on your well-being.

  • When the policy is paid out it provides the beneficiary the freedom to use this tax-free lump sum however they choose
  • Having Critical Illness Insurance can help cover lost income, health related expenses or deductibles which may not be covered by health/disability insurance, travel i.e. to see a specialist, helping with childcare, mortgage payments and more
  • Approximately 93% of critical illness claims fall under these two categories cardiac and cancer related diagnoses. Whether you are the sole breadwinner, single, or have a family relying on you, a critical illness insurance policy can provide you peace of mind while you focus on your well-being

Canada Protection Plan offers four No Medical required Critical Illness Insurance plans for up to $100,000 for Cardiac and Cancer coverage, with the flexibility to choose either, or both

Speak with your advisor or contact Canada Protection Plan about getting Critical Illness Insurance today.
To learn more about Canada Protection Plan and our line of comprehensive No Medical and Simplified Issue life insurance solutions, call Broker Services at 1-877-796-9090 and we will be happy to assist you or put you in contact with Sales support in your region.

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Pour en savoir plus sur Plan de protection du Canada et sur sa gamme complète de solutions d’assurance vie sans exigence médicale et à émission simplifiée, communiquez avec les personnes-ressources des Services de courtage au 1 877 796-9090, qui seront heureuses de vous aider ou de vous mettre en contact avec l’un de nos soutiens aux ventes dans votre région.

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