What is critical illness insurance?
Critical illness insurance offers the financial help to pay the costs associated with life-altering illnesses.
Critical illness insurance will pay you a tax-free lump sum if you develop a life-threatening illness, health event, or undergo treatment while under their coverage. It is also sometimes referred to as critical illness cover. Coverage is defined by a term-length, agreed upon when purchasing your policy. The payout is not contingent on your death and is paid out once proof of a specified illness or incident is established.
Why choose disability insurance?
Recovery from a critical illness may come with a significant financial cost that impacts both you and the people close to you.
Studies suggest that 81% of working Canadians know someone who has a critical illness or have suffered from one themselves. If developing a serious illness is not only possible but probable for the average Canadian, we need to plan ahead to protect ourselves and our families, and safeguard against the potential of getting terminally ill. Critical illness insurance can bring us this peace of mind.
Benefits of disability insurance
Help protect your finances and focus on recovery.
Critical illness insurance can reduce debt and other financial concerns while you cope with your illness, replace any reduced or lost income for you and your spouse, who may wish to take time off work to care for you, bring in additional help at home for you and your family, and allow you to consider new medical treatments and medications not covered by private or government health insurance plans.
What is critical illness insurance?
Critical illness insurance offers the financial help to pay the costs associated with life-altering illnesses.
Critical illness insurance will pay you a tax-free lump sum if you develop a life-threatening illness, health event, or undergo treatment while under their coverage. It is also sometimes referred to as critical illness cover. Coverage is defined by a term-length, agreed upon when purchasing your policy. The payout is not contingent on your death and is paid out once proof of a specified illness or incident is established.
Why choose disability insurance?
Recovery from a critical illness may come with a significant financial cost that impacts both you and the people close to you.
Studies suggest that 81% of working Canadians know someone who has a critical illness or have suffered from one themselves. If developing a serious illness is not only possible but probable for the average Canadian, we need to plan ahead to protect ourselves and our families, and safeguard against the potential of getting terminally ill. Critical illness insurance can bring us this peace of mind.
Benefits of disability insurance
Help protect your finances and focus on recovery.
Critical illness insurance can reduce debt and other financial concerns while you cope with your illness, replace any reduced or lost income for you and your spouse, who may wish to take time off work to care for you, bring in additional help at home for you and your family, and allow you to consider new medical treatments and medications not covered by private or government health insurance plans.
Any Question at
(905) 550-2157
(647) 972-6641
68 Church Street S.
Ajax, Ontario L1S 6B3
Send your mail at
info@williamsandcroft.ca