What is Critical Illness Insurance?
Critical Care Insurance or critical illness insurance is a policy that offers a substantial amount of money to the insured client is diagnosed with any critical illness. The money is paid in a lump sum directly to the insured. The cash amount is paid directly to the insured in one payment.
Coverage
Critical care insurance includes a variety of illnesses and conditions that can affect any person. Some incidents that are ideally enclosed in critical care insurance associated with heart, like heart attack, heart surgery or many types of tumor, cancer, stroke, blindness, HIV/AIDS, Parkinson’s, paralysis, transplant, Alzheimer’s and severe burns. Each insurance company has different coverage options available to clients. These benefits/lump sum amount is paid irrespective of the other insurance policies the patient may have.
Protection Through Critical Care Insurance
In Critical care insurance, funds are given directly to the insured. These funds are utilized by the patient as it suits him. These expenses can be direct like medical bills or some extra expenses like traveling, food or utilities. Critical care insurance ideally provides flexible alternatives to permit the customer to select a desired and suitable plan for his financial situation. Basically, a consumer pays a lower premium if he is younger and healthier. Thus, the cost differs depending on the age, medical situation, the coverage amount, the different illnesses covered in the policy, and the Insurance Agency.
Critical Insurance quote
Critical Illness Insurance Canada is designed to provide assistance to an insured who has been diagnosed with
one of a predetermined number of critical illnesses and in some cases survived 30 days.
If you are looking to get covered for any eventualities' in life than you are at the right place. Get a Free No
obligation quote from us and see how we can design the insurance for you, which can cover you in a better way
and costing you least every month.
With healthy lifestyle choices can be your best defence against some health risks, a critical illness such as cancer, stroke or heart disease can strike anyone at any time. Consider the following:
- One in three Canadians will develop a life-threatening cancer.
- One in two heart attack victims are under 65 years old.
- Each year, 50,000 Canadians suffer a stroke. Of all stroke victims, 75% will be left with a disability.
With critical illness insurance from Green's Toronto, you may not have to go into debt or withdraw money from your retirement savings to remain financially stable and independent during your recovery.