Some stats on critical illness
It’s sad to say but more and more Canadians are undergoing critical illness treatment nowadays. And it’s not all times it’s because of bad habits or due to an unhealthy lifestyle. The environment that we live in also plays a role in it. According to the Canadian Cancer Society, 2 in 5 Canadians may develop cancer at some point in life. The number of heart attack and stroke cases in the country has reached an astounding 70,000 and 50,000 respectively per year. It only gives more reasons to apply for critical life insurance policies.
After all, what is more, important than you and your family’s health?
How does critical illness insurance work?
Medical care and treatment are becoming costly day by day and this is especially true for critical illness care. Critical illness treatment expenses can really put a big dent in your life savings. What a critical illness insurance plan does is, it offers coverage for all costs relating to critical illness care. This can include transportation cost, child care (if you have to hire such services when you are undergoing treatment), hotel rentals (if you have to stay in a hotel
when traveling for treatment), etc. Basically, there are four steps:
The coverage for critical life insurance can be from a couple of thousand dollars to near about 2 millions depending on the type of plan you have chosen. The premiums are affordable and our team at Canadian LIC will ensure that you get a good deal.
Critical illness insurance can assist you with:
The wide range of diseases covered under critical illness insurance
If you have queries regarding this type of policy, feel free to get in touch with Canadian LIC. We will be more than glad to resolve them.