We offer a wide range of coverage amounts from $5,000 to $150,000.
Covered Conditions
We will provide a lump sum payment based on your chosen coverage amount for the following conditions:
Alzheimer’s disease
Aorta surgery
Benign brain tumor
Blindness
Cancer
Coma
Coronary artery bypass surgery
Deafness
Dismemberment
Heart attack
Heart valve replacement
Loss of speech
Major organ failure
Major organ transplant
Motor neuron disease
Multiple sclerosis
Occupational HIV Infection
Paralysis
Parkinson’s disease
Severe burns
Stroke
Three Limited Covered Conditions: DCIS, Early stage prostate cancer, Loss of independence.
Duration of coverage
The Critical Illness Plan provides coverage up to age 75.
Eligibilty
To qualify for coverage up to $50,000 there are just 2 criteria:
Be between the ages of 18-69
Have a permanent Canadian address
To qualify for coverage over $50,000 and up to $150,000:
Be between the ages of 18-69
Have a permanent Canadian address
Answer 6 qualifying health questions
Second event benefit
Your coverage does not stop after a claim. You are eligible to submit a claim for another critical illness if the first claim was for cancer or cardiovascular condition.
Policy Exclusions
This plan will not provide a payout under the following circumstances:
If the policy holder dies in the first 30 days.
The benefit will not be paid for any pre-existing condition.
In the first two years only, an illness caused by a pre-existing condition will not be covered.
In the first 90 days cancer will not be covered.
Suicide or any intentionally self-inflicted injury.
Declared or undeclared war, or any act of war, terrorism, riot or insurrection, or service in the armed forces of any country, government or international organization.
A complication of Human Immunodeficiency Virus (HIV) infection.
Committing or attempting to commit a criminal offense, or while in prison.
The misuse of medication, or the abuse of drugs or intoxicants, or from having a blood alcohol level of 80 milligrams of alcohol in 100 milliliters of blood.
How can the benefit be used?
The tax-free lump sum benefit can be used as follows:
Supplement lost income to avoid digging into savings.
Pay for medical bills and medication not covered by provincial healthcare.
Payout debts to ease financial burden, so you can focus on recovery.
Cover upgraded medical facilities, such as private hospital rooms.
Cover travel and accommodations needed for specialized treatments.
