One out of every three Canadians will experience a life-altering illness during their lifetime. Critical Illness Insurance can provide you with finances to pay for related medical expenses, home alterations, medical equipment, or other costs - so you can focus on getting better.
How it works - You select a benefit amount such as $50,000 or $100,000. When you are diagnosed with a covered condition (there are approximately 22 - 24 covered conditions), the benefit is paid to you 30 days after the diagnosis.
Many plans also provide you with a program known as "Best Doctors". This is a referral service that can provide you with a second medical opinion and a recommendation on where the best treatment is available for that condition.
