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Critical Illness
You focus on recovery, not your finances.
Critical Illness Insurance
Individuals that suffer such catastrophic health events as a life-threatening cancer, heart attack or stroke may, or may not, eventually be able to return to work full-time, but they will almost certainly incur expenses or changes in their lifestyle that are not covered by conventional disability insurance. These individuals might require funds to permit them to make substantial lifestyle changes to accommodate the changes brought about by their medical condition
Critical Illness is a type of insurance product or rider that gives lump-sum cash payment to the insured who has serious illnesses coverage in the insurance contract.
Critical illness insurance can help
Medical Expenses
- Conventional medical expenses not covered by provincial health plan.
- Alternative treatments to those covered by provincial medical plans.
- Deductibles and co-pays not covered by health plan.
- Prescription medicines
- Upgraded medical facilities
Non Medical Expenses
- Debt repayment, such as mortgages or credit card balances, to ease the financial stress .
- Alternative treatments to those covered by provincial medical plans;
- Home renovations required to accommodate changes in the individual’s physical capacity.
- Replace lost of income.
- Vacations to help lower medical stress.
- Changes of employment to a job with lower stress or physical requirements, with an attendant decline in earning capacity, etc.
416-800-1810
support@money-simple.ca
9900 McLaughlin Road N
