Critical illness insurance

Services Offered

Critical illness insurance

A deadly illness only happens to others!

About one in two people in Canada will be diagnosed with cancer in their lifetime and about 1 in 4 people will die from it.

In 2020, it is estimated that there will be approximately 225,800 newly diagnosed cases of cancer and approximately 83,300 cancer-related deaths in Canada. This represents approximately 617 new cases and 228 deaths per day. Cancer rates can vary across cancer types, age groups, and geographic regions, among other factors.

3.8 million Canadians reported not having disability insurance and some employers offer disability insurance to their employees, but coverage may be limited and not meet individual needs.

Avantages :

Critical illness insurance can provide several important benefits, including :

Avantages :

Financial protection : The costs of medical treatment for serious illnesses can quickly add up and become very high. Critical illness insurance can provide financial protection against these costs, by providing a lump sum benefit upon
diagnosis of an illness covered by the insurance policy.
Financial relief : When someone is diagnosed with a serious illness, they may need to take an extended leave from work to focus on their recovery. Critical illness insurance benefits can provide financial relief during this time by replacing some of the lost income.
Peace of mind : Knowing that you are covered in the event of a critical illness diagnosis can provide peace of mind to policyholders and their families.

Produits :

Financial flexibility : Critical illness insurance benefits can be used to cover treatment costs, living expenses, debts, childcare and other expenses, depending on the insured’s needs.
Additional coverage : Even if the insured already has regular health insurance, critical illness insurance can provide additional coverage in the event of a diagnosis of a serious illness that is not covered by regular health insurance.

Avec Nolos services financiers…

Big outlines

Underwritten by established Canadian insurance companies

Features

Term from 15 to 25 or up to 75 years
Accelerated or standard issue
Fixed and guaranteed premiums

Options

Refund of premiums paid

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