What is Critical illness insurance? Critical illness insurance pays you a tax free lump sum of money when you become diagnosed with an illness named in the policy, such as cancer.
You can use this money any way you wish, such as out of province treatment, co-pays on medication, to pay off debt, time off work etc so you can focus on your treatment and recovery . One in three Canadians will suffer from a prolonged critical illness before the age of 65.
Are you covered?