Critical illness insurance

Surviving a critical illness or condition—such as heart attack, cancer or stroke—can turn your life upside down. It can affect you physically, emotionally and financially. It can also affect those close to you—your spouse, your family, your business partner.

Critical illness insurance may provide financial resources that can help pay for additional personal, family or business expenses that often accompany a critical illness or condition.

Health insurance and disability insurance may cover some expenses but not all. If you use your savings, registered retirement savings plans (RRSPs) or loans to cover the costs, your retirement income may be affected and you could experience financial strain. Consider critical illness insurance as an important part of your financial security plan.

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