Critical Illness

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Critical Illness Insurance in Canada is nearing mainstream acceptance and is one of the fastest growing products in the insurance industry.

 
Adding Critical Illness Insurance as either a mandatory or optional benefit is a nice way of complimenting your existing plan.
 
Both mandatory and optional programs can be arranged with no medical evidence requirements to some attachment level (e.g. $25,000). The number of covered conditions can range between 12 and 29 conditions. Below is a sample of the areas of protection you might find in a Critical Illness contract:
Sample Covered Conditions
Alzheimer’s Disease
Aortic Surgery
Aplastic Anemia
Bacterial Meningitis
Benign Brain Tumour
Blindness
Cancer (Life-Threatening)
Coma
Coronary Artery Bypass Surgery
Deafness
Heart Attack
Heart Valve Replacement
Kidney Failure
Loss of Independent Existence
Loss of Limbs
Loss of Speech
Major Organ Failure on Waiting List
Major Organ Transplant
Motor Neuron Disease
Multiple Sclerosis
Occupational HIV
Paralysis
Parkinson’s Disease
Severe Burns
Stroke

Some of the programs we design can typically include provisions such as:
• multiple events
• advance payment amounts
• waiver of premium
• spousal and dependent options
 
BenefitLink’s Advisors can help you design a customized program. However, you can investigate some pricing for a competitive Basic Voluntary program by clicking on our personal needs calculator on our home page. Please contact one of our consultants; we would be pleased to offer our guidance.
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