
In the event of critical illness
Because of medical advances, more and more people now survive illnesses such as cancer, stroke or heart attack. But the road back to health can be long and painful and bring upheaval to both your personal and professional life.
If you or a family member were in this situation, a critical illness coverage would provide you with a non-taxable benefit that:
- compensates you for lost income
- covers new health-related expenses not covered by provincial medicare plans
- covers home care services (nursing care, housework, meal preparation, etc.)
- covers travel, lodging and food expenses incurred to get the ailing person his or her medical treatments
- allows you to conserve your wealth
- helps you get through this difficult period while maintaining your current lifestyle