Critical Illness Insurance
Did you know that you have a greater chance of getting a critical illness before you’re 75, than you do of dying? That probably seems scary. But the good news is that the majority of people who are diagnosed with a critical illness before age 75 recover and get on with life.
In fact, statistics from the Heart & Stroke Foundation (2002) and Canadian Cancer Society (2006) show that:
- Mortality rates from heart disease and stroke have decreased by 70% since 1952.
- While women have a 1 in 9 chance of developing breast cancer, they only have a 1 in 27 chance of dying from it.
- While men have a 1 in 7 chance of developing prostate cancer, and only a 1 in 26 chance of dying from it.
If you were diagnosed with a critical illness, like the rest of us, you’d want to focus on your recovery. But what about money? Treating an illness is often associated with unexpected costs – not just medicine the government doesn’t cover or getting treatment somewhere else. There are also costs to travel to and from medical appointments, and costs to get someone to help you at home. And what if you need to renovate your home to accommodate a wheelchair or a chairlift? Well, that costs money too.
That’s where Lifecheque® can help – depending on the plan you choose, Lifecheque® can provide a cash benefit ranging anywhere from $25,000 to $2,000,000.
Give us a call at 416-227-9800 today to discuss which and which Lifecheque® plan is right for you.