- 1 in 3 Canadians will develop life threatening cancer.
- In 2004, 69,000 Canadians died from cancer while 150,000 Canadians developed cancer.
- 91% of patients admitted for a heart attack survive
- The death rate from stroke has decreased 50% since 1950
Today people are surviving critical illnesses due to medical advances that may have been fatal 30 years ago. The concern today has migrated from physical survival to financial survival; 'Can you recover financially'? With an aging population, the Canadian health care system is under increasing strain; It is unlikely that they will be able to provide the financial assistance and options you will require.
Group Coverage for Critical Illness makes sense.
Advantages of Critical Illness Insurance:
- 1. Lump sum to cover lost income during a long illness.
- 2. Lump sum to cover medical expenses and treatment plans not covered by group health insurance.
- 3. Lump sum to cover retraining for gainful employment.
- 4. Lump sum for child care including college tuition.
- 5. Lump sum to pay for changes necessary for quality of life alterations to a home or workplace.
- 6. Lump sum for travel expenses to and from specialized treatment facilities.
Illness covered under this benefit: |
