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what does critical illness insurance cover

Gain financial peace of mind with a lump-sum benefit provided upon diagnosis of a covered serious illness, helping you focus entirely on recovery and family stability.

Critical Statistics in Canada

Cancer

239,100

An estimated 239,100 new cases of cancer will occur in Canada this year.

Nearly two in five Canadians are expected to be diagnosed with cancer in their lifetime.

Heart Attack

70,000

It is estimated that there are over 70,000 heart attacks each year.

That’s one every seven minutes in Canada.

Stroke

108,000

There are over 108,000 strokes in Canada each year.

What Is This Coverage?

Critical Illness insurance is designed to provide you with a tax-free lump-sum payment if you are diagnosed with a serious condition covered by your policy. Unlike traditional health insurance, this benefit is paid directly to you, providing the financial flexibility to manage recovery without the stress of immediate bills or lost income.

This coverage offers a reassuring safety net for everyone. Whether you are an individual with or without employer benefits, a business owner protecting your livelihood, or a family seeking security, we help you focus on recovery and each other.

Security for Your Future

A critical illness plan provides more than financial aid—it offers the quiet confidence to focus solely on your healing.

Tax-Exempt Payout

Get a single, tax-free cash payment the moment a covered illness is confirmed, ensuring you have liquidity precisely when you need it.

Premium Refund Feature

If you remain healthy and claim-free, you can often apply to have your paid premiums returned, protecting your financial investment.

Manage Healing Costs

Apply your payout toward private medical bills, specialized care in other regions, or essential home adjustments during recovery.

Multiple Diagnosis Support

Should you encounter a different covered condition at least six months later, you may qualify for a second full benefit payout.

Household Cash Flow

Maintain your family’s lifestyle by replacing income while you or a loved one takes necessary time away from work for caregiving.

Expert Medical Guidance

Access global medical specialists for expert second opinions and treatment advice. This service helps you navigate any health uncertainty with confidence, covering conditions even beyond your specific policy list.

How It Works

A simple, three-step journey toward securing your family's future and ensuring peace of mind during difficult times.

01

Learn

Schedule a consultation to understand which coverage options best fit your family's unique lifestyle and needs.

02

Apply

Begin your application process with our guided assistance, ensuring all health and eligibility details are handled with care.

03

Get Protected

Once approved, rest easy knowing a tax-free lump-sum benefit is ready to support your family should a serious illness occur.

Ready to Protect Your Roots?

Request a personalized quote today and ensure your family's future stays secure even during life's most challenging chapters.

Common Questions

What illnesses are covered?

Policies typically cover serious conditions like heart attacks, life-threatening cancers, and strokes. We'll provide a full list of covered conditions tailored to your specific plan.

How is the benefit paid out?

The benefit is issued as a one-time tax-free lump-sum payment upon diagnosis of a covered illness, allowing you to use it for medical bills, mortgage payments, or any other needs.

Can I get coverage if I have a pre-existing condition?

Eligibility depends on the specific condition and health history. We offer several simplified underwriting options that may provide coverage even with certain health considerations.

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