Critical Illness Insurance
Sadly, the odds are high that most Canadians will suffer from a serious illness or injury. A lump sum payout will help with expenses, lost wages, and can be used to pay for alternative treatments or to cover costs that insurance does not cover.
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Critical Illness protection
Critical Insurance pays a single lump-sum payment generally 30 days after diagnosis or treatment of a number of specified diseases. Some of the common conditions covered include heart attack, cancer, stroke blindness, kidney, and others. Coverage limits generally start at $50,000 and are available up to $1,000,000.