What is Critical Illness Insurance and Why is it Important?
A critical illness can be one of the most difficult challenges you'll ever face in your life. There are so many things that need to be considered: decisions about who will care for you, how you remain financially stable, how you will meet your family’s every day needs, how you will cope with the emotional financial stress and more. Critical illness insurance is designed to help you during this stressful time.
Do You Really Need Critical Illness Insurance?
Receive a lump-sum cash payment to help support you financially
While healthier lifestyle choices can be one of your most effective defences against many health issues, a critical illness such as cancer, stroke or heart disease may still strike anyone at any time. Here are a few statistics:
- 1 in 2 Canadians will develop a life-threatening cancer in their lifetime
- 1 in 2 people will have a heart attack before they retire - Heart attacks affect over 70,000 Canadians every year
- Every year 50,000 Canadians suffer from a stroke and 75% of all stroke victims will be left with a disability
- 90% of Canadians have at least one risk factor for heart disease or stroke
Expenses such as:
- private nursing
- modifications to your home
- modifications vehicle
are typially not covered under your provincial health insurance plan and may not be covered under employer-sponsored health plans.
All New Product 'Cancer Guard' That May Be a Better Answer Than Critical llness Insurance For You as it Does Not Require a Medical
Cancer Guard is a new web based product where you can be covered for a cancer diagnosis in a few minutes just by answering a few questions. This is a living insurance product whereby the benefit is paid out at diagnosis. The funds can be used for treatment elsewhere in the world, for Travel or whatever you desire. Coverage from $25,000 to $100,000 is based on your answers to the questions.
Let ICC Educate You on Different Coverage Scenarios, Help You Determine the Best Plan for Your Specific Situation, Shop the Market with the Different Insurance Companies,
And Get the Best, Custom Coverage for You at the Lowest Premium
I work at an insurance company where I wasn't able to buy their cancer guard because I did not qualify. I then contacted Sid Helischauer who was able to help me find a cancer guard that I did qualify for and that was affordable. He was fast, efficient and very helpful. I would recommend Sid to everyone.