CRITICAL ILLNESS INSURANCE

What is critical illness insurance?

This relatively new product in Canada is a tax-free LIVING BENEFIT. Changes in our lifestyles have caused us to suffer more critical illnesses, while breakthroughs in medical science have enabled more people to SURVIVE. Compare these statistics: in 1900 life expectancy was 42 years for a male and 46 years for a female, in 1998 it was 77 years for a male and 82 years for a female.

People are living longer because modern medicine can save the patient but may cause a huge financial drain on family resources. Traditional insurance products often fall short of this dilemma.

• Of 10 healthy male adults 3 will have a critical illness before age 65
• In Canada 1 in 4 will contract heart disease
• 75,000 people suffer heart attacks each year
• The immediate death rate from heart attacks has decreased by 51% since 1968 and 50% from stroke since 1950
• More than 50% of people diagnosed with common cancers will survive 5 years & longer
• The Canadian Cancer Society estimates that 67% of costs related to cancer treatment come from indirect expenses not covered by Provincial health plans.

“YOU NEED INSURANCE NOT ONLY BECAUSE YOU ARE GOING TO DIE BUT BECAUSE YOU ARE GOING TO LIVE!”

Dr. Marius Barnard

Now you can protect the two most valuable assets of your life:

Your physical health & your financial health.

Discover the benefits….

• Payable in a lump sum benefit, tax-free, usually 30 days after the diagnosis
• Not based on your ability to work
• Payable to you, not your dependents
• Return of premiums paid option available
• Use the benefit money for a vacation to recover or paying your mortgage or investing for your future, etc…