MAKE A CLAIM >
Critical Illness Insurance is a type of health coverage that provides you with a tax-free, lump-sum payout in the event that you contract a serious illness. It helps you pay for things that aren’t covered by OHIP such as alternative treatments, home modifications and certain debts that you will be unable to pay due to time off work. Critical Illness Insurance can also be added as a rider to your life insurance policy.
You must fill out an application and answer medical questions. Fluid testing may also be required, along with other underwriting requirements.
Critical Illness policies protect against specified medical conditions. Depending on the policy that you choose, you can be covered for 3 - 23 types of illnesses. The most common illnesses covered in Canada are cancer, heart attack, stroke, blindness, Alzheimer's, multiple sclerosis, organ transplants, kidney failure, and paralysis. It would be best to explore your options and see what works best for you.
Your current age and smoking habits, health status, amount of desired coverage and your family’s health status.
Josslin would be happy to provide you a quote on your critical illness insurance. Please contact Romano Klomp if you have any questions or would like a quote.