Critical Illness Insurance

1. Critical Illness Insurance Critical Illness Insurance

2. What Is Critical Illness Insurance? • In Canada, approximately 1 in 3 people will experience a critical illness at some point in their life. The good news is that as medicine advances, many people will survive. Unfortunately, however, having a critical illness such as cancer, a heart attack, or stroke can be very expensive. In addition to costly medical care – not all of which is covered by OHIP – you may have to take time off work, get extra childcare, or make modifications to your home. It is these types of expenses that critical illness insurance is designed to cover. • If you survive a critical illness such as heart attack, stroke or cancer by 30 days, a critical illness insurance policy would pay you a lump sum of money to use however you choose. (This differs from Disability Insurance which would pay a monthly income in the event you couldn’t work). • Having a critical illness is understandably stressful but having good Critical Illness coverage in place means it doesn’t have to be financially stressful as well.

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4. Benefits Of Critical Illness Insurance: • Financial protection against the most common critical illnesses. • Receive a lump sum payment in the event you survive a critical illness by at least 30 days. • Use the claim money however you choose. • Choose optional benefits such as Second Event and Return on Premium.

5. Contact Us InsLyf Brokerage is your one-stop shop for all your life insurance and investment needs. We understand your needs and risk profile, which is why we offer various types of life insurance and investment products tailored to your requirements.  Phone Number- +1 905 901 1717 Address- 55 Village Centre Pl, #305Mississauga, ON L4Z 1V9Canada Email: info@inslyf.com Website- https://www.inslyf.com/