Critical Illness
Critical Illness policy provides a lump-sum benefit that is usually payable 30 days after the diagnosis of one of a number of critical illness insured conditions, as per the policy.
Critical illness insurance covers 24 insured conditions:
| • Alzheimer’s Disease • Aortic Surgery • Aplastic Anaemia • Bacterial Meningitis • Benign Brain Tumour • Blindness • Coma • Coronary Artery Bypass Surgery • Deafness • Heart Attack • Heart Valve Replacement • Kidney Failure |
• Life-Threatening Cancer • Loss of Limbs • Loss of Speech • Major Organ Transplant on Waiting List • Major Organ Transplant • Motor Neuron Disease • Multiple Sclerosis • Occupational HIV Infection • Paralysis • Parkinson’s Disease • Severe Burns • Stroke |
With advances in medical science improving the chances of survival after the diagnosis of a serious illness, there is a heightened need for insurance benefits designed to help protect your lifestyle after the onset of a critical illness.
A critical illness can happen to anyone:
• It is estimated there are over 70,000 heart attacks in Canada each year.
• There are between 40,000 and 50,000 strokes in Canada each year.
• An estimated 3,075 Canadians will be diagnosed with cancer every week.